Bengaluru, Jan. 1 -- The shares of this Indian IT company specialising in digital infrastructure and technology solutions, provide services such as cloud integration, data center management and many more, hit 5 percent upper circuit in today's market after targeting AI Growth with the acquisition of Pushpak AI to compete in the AI Ecosystem expected to grow to USD 2.4 trillion by 2032.

With a market capitalisation of Rs. 396 cr, the shares of Avance Technologies Ltd are currently trading at Rs. 2 per share, locked at 5% upper circuit in today's market session, up from its previous close of Rs. 1.91 per share.

Strategic Expansion into Visual Intelligence and Edge AI

Avance Technologies Limited has signed a non-binding term sheet to acqu...