Avance Technologies Share Price Target 2024, 2025, 2026, 2030
Avance Technologies Share Price Target 2024, 2025, 2026, 2030 : Avance Technologies is a penny stock. And in this article you will be given information about how this penny stock has the ability to give returns in the coming years.
Let us tell you that investing in penny stocks is very risky. Those stocks whose market cap is very small and whose share price trades below ₹ 10 are called penny stocks.
Penny stocks are considered the most risky in the stock market. And we will give you information about the future returns of this penny stock and we will also give you information about the company’s business and fundamentals and valuation through this article.
About Avance Technologies Company Business
Avance Technology Limited is in the business of software and hardware resale or the company was started in 1985. The managing director of this company is Shri Krishna Bhamidipati.
Offers the following services such as: –
Email and Web Integration, Short Code Services, Mobile Marketing Solutions, Wireless Application Protocol, Subscriber Management Platform, Ad Insertion Program, Email Marketing, Mobile Recharge Services, Enterprise Mobile Marketing etc.
| Company Name | Avance Technologies |
| Market Cap | 222 Cr. |
| 52 High/Low | 1.12 / 0.04 |
| Debt | 0.00 |
| PE Ratio | 541 |
| ROE | – |
| ROCE | – |
| Debt To Equity | 0.00 |
| Pramoter Holding | 0.88 % |
| Price To Book Value | 0.60 |
Avance Technologies Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030
| Year | Minimum Price (₹) | Maximum Price (₹) |
| Avance Technologies Share Price Target 2024 | 1.30 | 1.32 |
| Avance Technologies Share Price Target 2025 | 1.60 | 1.65 |
| Avance Technologies Share Price Target 2026 | 2.10 | 2.12 |
| Avance Technologies Share Price Target 2027 | 2.40 | 2.60 |
| Avance Technologies Share Price Target 2028 | 2.80 | 2.85 |
| Avance Technologies Share Price Target 2029 | 4.12 | 4.25 |
| Avance Technologies Share Price Target 2030 | 6.20 | 6.80 |
| Avance Technologies Share Price Target 2035 | 10.10 | 10.50 |
| Avance Technologies Share Price Target 2040 | 14.20 | 14.40 |
Looking at the past business performance and fundamentals of this company, we do not think that the company will generate high returns for its investors. The share price returns given above will be achieved only when the business of the company improves.
The kind of business growth the company has shown in the last years, if the company shows similar growth then the shares of the company may come down instead of going up because the company has not shown any sales growth in the last years.
Avance Technologies Share Price Target 2024
If we look at the past sales of the company, the sales of the company were Rs 101 crore in March 2016, which will reach Rs 30 crore by the time of March 2023.
Similarly, there has not been any increase in the profit of the company, due to which Avance Technologies Share Price Target 2024 will not be anything special in 2024 and you may see this company going up to the price of ₹ 1.30 paise.
| Avance Technologies Share Price Target 2024 | Price |
| January | 1.14 |
| February | 1.18 |
| March | 1.20 |
| April | 1.22 |
| May | 1.23 |
| June | 1.25 |
| July | 1.26 |
| August | 1.28 |
| September | 1.29 |
| October | 1.30 |
| November | 1.31 |
| December | 1.32 |
Avance Technologies Share Price Target 2025
The market cap of Avance Technologies is Rs 222 crore which makes it a penny stock and penny stocks are very risky.
Despite the continuous poor business performance of the company, the company has made good returns in the last one year and the company’s share has gone from the price of 0.04 to 1.10 in the last one year.
What is beyond comprehension is why this company is growing so much despite poor business.
Avance Technologies Share Price Target 2025 may be seen trading up to the level of Rs 1.65.
| Avance Technologies Share Price Target 2025 | Price |
| January | 1.35 |
| February | 1.40 |
| March | 1.45 |
| April | 1.50 |
| May | 1.53 |
| June | 1.55 |
| July | 1.57 |
| August | 1.59 |
| September | 1.60 |
| October | 1.63 |
| November | 1.64 |
| December | 1.65 |
Avance Technologies Share Price Target 2026
Avance Technologies Ltd. The debt on this company is zero but at present the share price of the company is trading at PE ratio of 540 which is very high as per the valuation.
Avance Technologies share price target is not expected to be very high for 2026. Avance Technologies share price target 2026 can go up to the level of Rs 2.12.
| Avance Technologies Share Price Target 2026 | Price |
| January | 1.70 |
| February | 1.75 |
| March | 1.80 |
| April | 1.90 |
| May | 1.95 |
| June | 1.98 |
| July | 2.00 |
| August | 2.05 |
| September | 2.07 |
| October | 2.09 |
| November | 2.10 |
| December | 2.12 |
Avance Technologies Share Price Target 2030
Avance Technologies’ ROCE and ROE numbers are not very high, nor is the company showing much revenue and profit growth.
Due to which Avance Technologies Share Price Target 2030 will not give much return for 2030, you may see the company’s share going at a price of Rs 6.80.
| Avance Technologies Share Price Target 2030 | Price |
| January | 2.20 |
| February | 2.80 |
| March | 3.30 |
| April | 3.90 |
| May | 4.10 |
| June | 4.50 |
| July | 4.80 |
| August | 4.90 |
| September | 5.10 |
| October | 6.20 |
| November | 6.50 |
| December | 6.80 |
Shareholding Pattern
The promoter’s holding in this company is 0.88 which would be considered very high. If we look at the shareholding pattern of this company, most of the public money is invested in this company.
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | Dec 2023 | |
| Promoter | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 |
| FII | – | – | – | – | – |
| DII | – | – | – | – | – |
| Public | 99.12 | 99.12 | 99.12 | 99.11 | 99.11 |
Should we invest in Avance Technologies shares?
You should stay away from penny stock companies like Avance Technologies. For the last several years, the business of the company has not been performing at all and the fundamentals of the company also do not appear to be anything special.
If you are thinking of investing in this company then stay away from this company and if you have already invested in this company then sell your shares and leave. Because the company is not bringing any kind of growth.
However, if the company increases its revenue and profit growth in the coming years, then the company’s stock may perform well.
But currently the company is trading at a very high valuation and the promoter’s holding in the company is also around zero, hence you should stay away from this company.
Avance Technologies Share Price Target Related FAQs
Can I buy Avance Technologies shares?
Yes, you can buy shares of this company, but before buying shares of this company, you must take advice from your financial advisor.
Is Avance Technologies a debt free company?
Yes, Avance Technologies is a debt free company.
What is the old name of Avance Technologies?
Avance Technologies was earlier known as VMC Software Limited.
What does Avance Technologies do?
Avance Technology Limited is in the business of software and hardware resale
