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Small Investors Pour $42 Billion Into Indian Equities
Small Investors Pour $42 Billion Into Indian Equities

Bloomberg

time03-07-2025

  • Business
  • Bloomberg

Small Investors Pour $42 Billion Into Indian Equities

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian equities are set for a firm start, tracking gains on Wall Street and in other regional markets. Upsides, however, could be capped given uncertainty around tariffs as the July 9 deadline looms. The electronic manufacturing sector will be in focus following a Bloomberg report that Foxconn has withdrawn staff from India, potentially impacting Apple's local manufacturing plans.

Strong growth will keep valuations at elevated levels for EMS majors
Strong growth will keep valuations at elevated levels for EMS majors

Business Standard

time01-07-2025

  • Business
  • Business Standard

Strong growth will keep valuations at elevated levels for EMS majors

EMS sector expected to grow 25% annually till FY28 as order books expand and capex ramps up; high-margin orders and policy support sustain premium valuations Devangshu Datta Listen to This Article The EMS (Electronic Manufacturing Services) sector is riding on structural growth drivers. These include supportive policies and strong demand across sectors such as automotive, industrial, consumer durables, energy, defence, medical, infrastructure, and others. Apart from the large domestic market, the China-plus strategy is boosting exports. This is a competitive market characterised by low margins and high volumes. EMS in India is expected to reach Rs 27.7 trillion by FY28, implying over 25 per cent annual growth between FY23 and FY28, when it was valued at Rs 8.4 trillion.

Avalon Tech gains on reporting multi-fold jump in Q4 PAT
Avalon Tech gains on reporting multi-fold jump in Q4 PAT

Business Standard

time07-05-2025

  • Business
  • Business Standard

Avalon Tech gains on reporting multi-fold jump in Q4 PAT

Avalon Technologies advanced 2.56% to Rs 876.10 after the company reported 243.9% surge in consolidated net profit to Rs 24.28 crore in Q4 FY25 as against Rs 7.06 crore posted in Q4 FY24. Revenue from operations jumped 58.10% to Rs 342.79 crore in the quarter ended 31 March 2025. Profit before tax (PBT) stood at Rs 32.57 crore, up 227.66%, compared to Rs 9.94 crore posted in the same quarter last year. The company reported an EBITDA of Rs 41.4 crore for the fourth quarter of FY25, representing a significant growth of 139.6% compared to Rs 17.3 crore in Q4 FY24. The EBITDA margin also improved substantially to 12.1% in Q4 FY25, up from 7.1% in the same quarter of the previous year. The order book jumped 29% to Rs 1,761 crore as of 31 March 2025, as compared to Rs 1,366 crore posted in the same period a year ago. The companys net working capital saw a notable improvement, decreasing by 37 days from 161 days as of March 2024 to 124 days as of March 2025. On a full-year basis, the companys consolidated net profit soared 126.65% to Rs 63.44 crore on a 26.6% jump in revenue to Rs 1,098.13 crore in FY25 over FY24. Avalon Technologies is one of Indias leading fully integrated Electronic Manufacturing Services (EMS) companies with end-to-end operations in delivering box-build solutions in India, with a focus on high-value precision-engineered products. Through a unique global delivery model, the company provides a full-stack product and solution suite, right from printed circuit board design and assembly to end-to-end box build of electronic systems.

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