Over 160% rally in 2026: This EMS stock ends 7% higher; key triggers explained
Shares of Avalon Technologies, an electronics manufacturing services (EMS) company, ended Monday’s trade, 7 September, with a sharp 7% gain at ₹2,352, as investors responded positively to Nomura’s bullish view on the stock.
The Japanese brokerage retained its ‘Buy’ rating on Avalon Technologies and raised its target price to ₹2,767.32 per share from ₹2,211.24 earlier. The revised target implies an upside of nearly 26% from Friday’s closing price of ₹2,196.60, CNBC TV-18 reported.
