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Avance Technologies stock gains 5% on plan to acquire full stake in Pushpak AI

Avance Technologies Limited signed a term sheet to acquire up to 100% stake in Pushpak AI, expanding its presence in computer vision and edge AI sectors.
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Introduction

Leading technology solutions firm signed a term sheet to acquire up to 100% stake in a computer vision and edge AI platform, expanding its presence in the global AI ecosystem.

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Share price movement of Avance Technologies

On January 1, 2026, Avance Technologies Ltd opened at ₹1.90, down 0.52% from its previous close of ₹1.91. The stock reached a high of ₹2.00 (4.71%) and a low of ₹1.85. By 11:45 AM, it traded at ₹2.00, a 4.71% increase, with a market cap of ₹396.38 crore.

Avance Technologies to Acquire Pushpak AI

Avance Technologies Limited signed a non-binding term sheet to acquire up to 100% equity stake in Hyderabad-based Pushpak AI, a computer vision and edge AI platform, on January 1, 2026.

The acquisition will give Avance Technologies strategic and operational control, enabling integration of Pushpak AI’s intellectual property, platforms, and enterprise relationships to expand its presence in the global AI sector.

Pushpak AI serves clients across automotive, infrastructure, manufacturing, smart cities, logistics, and financial services, including Maruti Suzuki, Hero, Larsen & Toubro, and government institutions, demonstrating scalability for mission-critical deployments.

Stock performance of Avance Technologies for Period of 1 week, 6 months, and 1 year

Avance Technologies Ltd delivered a 20.1% return over the past week. It gained 96.9% in the past six months and rose 117% over the past year.

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Shareholding pattern of Avance Technologies

ParticularsSep 2025Jun 2025Mar 2025
Promoter0.70%0.70%0.70%
FII0.00%0.00%0.00%
DII0.00%0.00%0.00%
Public99.30%99.30%99.30%

About Avance Technologies

Avance Technologies Ltd (BSE: 512149) specializes in IT product distribution, software and hardware resale, digital marketing, AI, IoT, cloud services, blockchain, software testing, PPC advertising, and comprehensive technology-driven marketing solutions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Avance Technologies Ltd share price going up today?

A: Avance Technologies Ltd share price rose after signing a term sheet to acquire up to 100% stake in Pushpak AI.

Q: What does Avance Technologies Ltd specialize in?

A: Avance Technologies Ltd specializes in IT product distribution, software and hardware resale, digital marketing, AI, IoT, cloud services, blockchain, and software testing solutions.

Q: What is the market capitalization of Avance Technologies Ltd?

A: Avance Technologies Ltd has a market capitalization of ₹396.38 crore as of January 1, 2026.

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