Over 160% rally in 2026: This EMS stock ends 7% higher; key triggers explained

Avalon Technologies shares rose 7% to ₹2,352 following Nomura’s bullish outlook, raising its target price to ₹2,767.32. The proposed joint venture with Zollner is expected to enhance growth in Europe, especially in healthcare and life sciences. Year-to-date, shares have surged 168%.
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