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Avalon is a fully integrated electronic manufacturing company that offers end-to-end service solutions. The company has 12 manufacturing units located across the US and India. Some of its key clients include Kyosan India, Zonar Systems Inc, Collins Aerospace, and eInfochips, among others
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All the key raw materials now have come back to nearly pre-Covid levels and that is why our finished goods prices also are less. And so the top line seems less, but the volumes are definitely better than last year.
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Investors worry that banks are cracking under the strain of unexpectedly fast, large rate hikes over the past year to cool economic activity and inflation and that the banking turmoil may cause a recession if it sets off a credit crunch.
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People familiar with the matter said Agarwal told staffers during the town hall that this can be attributed to 'sustained growth' in India, Indonesia, the US and UK besides relevant optimisations and synergies in the European vacation homes market.
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Titan Company stock has formed a strong bullish candle on weekly scale and given a falling supply trend line breakout on daily chart which is formed by connecting swing highs of Rs 2,626, 2,545 and 2,475 levels, Arpit Beriwal, Analyst, Equity Derivatives & Technicals, MOFSL, said.
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