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Avantel secures supply order of Rs 125.68 crore

15 Mar 2022 Evaluate

Avantel has received the supply order for supply of Loco devices for implementation of RTIS phase -- 2 (Real Time Train Information system). The company has bagged an order for an amount Rs 125.68 crore exclusive of applicable taxes. Earlier, in November 2021, the company had received an order for an amount Rs 9 crore from Bharat Electronics.

Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.

Peers
Company Name CMP
Hindustan Aeronaut. 4738.50
Bharat Electronics 378.85
Aequs 288.20
Astra Microwave Prod 1701.15
Axiscades Tech. 2245.40
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