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Avantel secures purchase order worth Rs 67.92 crore

04 Dec 2023 Evaluate

Avantel has received a provisional purchase order worth of Rs 67.92 crore from M/s. NewSpace India. The company has bagged order for Supply, Installation and Commissioning of Satcom Terminals (Xponders). The said order is to be executed by October 2024. 

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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