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Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
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Avro India is an plastic molded furniture manufacturer. The Company manufactures under brand name AVON FURNITURE and AVRO FURNITURE.
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In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
3 days ago•Economic Times
1 month ago•Economic Times
1 month ago•Economic Times
AVRO INDIA LIMITED has informed the Exchange that National Company Law Appellate Tribunal ("NCLAT") vide their order dated 22.06.2022 under Company Appeal (AT) (Ins.) No. 700 of 2022 has granted stay against the order passed by National Company Law Tribunal ("NCLT") dated 13th June, 2022 in the matter titled as Prayag Polytech Private Limited Vs Avon Moldplast Limited vide application CP (IB) No. 312/ALD/2019 and gave further direction to NCLT, Allahabad Bench to dispose application filed by IPR under Section 12 A of I & B Code, 2016 seeking withdrawal of main application of main proceedings as per Regulation 30 A of the IBBI (Corporate Insolvency Process for Corporate Persons) Regulations, 2016 accordingly. | Download
AVRO INDIA LIMITED has informed the Exchange that National Company Law Appellate Tribunal ("NCLAT") vide their order dated 22.06.2022 under Company Appeal (AT) (Ins.) No. 700 of 2022 has granted stay against the order passed by National Company Law Tribunal ("NCLT") dated 13th June, 2022 in the matter titled as Prayag Polytech Private Limited Vs Avon Moldplast Limited vide application CP (IB) No. 312/ALD/2019 and gave further direction to NCLT, Allahabad Bench to dispose application filed by IPR under Section 12 A of I & B Code, 2016 seeking withdrawal of main application of main proceedings as per Regulation 30 A of the IBBI (Corporate Insolvency Process for Corporate Persons) Regulations, 2016 accordingly. | Download
AVRO INDIA LIMITED has informed the Exchange that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our intimation dated 14th June, 2022, we hereby inform that public announcement has been made by IRP on 16th June, 2022 in Form A under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 | Download
AVRO INDIA LIMITED has informed the Exchange that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our intimation dated 14th June, 2022, we hereby inform that public announcement has been made by IRP on 16th June, 2022 in Form A under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 | Download
AVRO INDIA LIMITED has informed the Exchange that settlement has been made on June 15, 2022 against full and final settlement in the matter titled as Prayag Polytech Private Limited Vs Avon Moldplast Limited filed before National Company Law Tribunal, Allahabad Bench vide application CP (IB) No. 312/ALD/2019. | Download
AVRO INDIA LIMITED has informed the Exchange that settlement has been made on June 15, 2022 against full and final settlement in the matter titled as Prayag Polytech Private Limited Vs Avon Moldplast Limited filed before National Company Law Tribunal, Allahabad Bench vide application CP (IB) No. 312/ALD/2019. | Download
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
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