Avalon Tech, an electronics manufacturing services company, is expected to see improved revenue and profitability as its US operations witness a healthy recovery and the Indian business experiences growth, according to Motilal Oswal.
Avalon has a favorable tariff environment for India, an increase in domestic demand, stable/improving demand from the US, a healthy client mix, and a favorable manufacturing presence compared to its peers.
With its well-established manufacturing presence in the US, Avalon is uniquely placed in the Indian electronics manufacturing services sector.
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