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Avantel gains on bagging purchase order worth Rs 12.51 crore

18 Sep 2025 Evaluate

Avantel is currently trading at Rs. 179.10, up by 2.25 points or 1.27% from its previous closing of Rs. 176.85 on the BSE.

The scrip opened at Rs. 177.90 and has touched a high and low of Rs. 184.40 and Rs. 174.45 respectively. So far 515760 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 190.95 on 07-Oct-2024 and a 52 week low of Rs. 90.33 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 186.50 and Rs. 166.25 respectively. The current market cap of the company is Rs. 4762.83 crore.

The promoters holding in the company stood at 37.15%, while Institutions and Non-Institutions held 0.66% and 62.19% respectively.

Avantel has bagged a purchase order worth Rs 12.51 crore (including taxes) from M/s Bharat Electronics. The order is for the supply of Satcom Products and it is to be executed by March 2026.

Earlier, the company had received a maintenance contract worth Rs 1.94 crore (Including taxes) from M/s Fleet Maintenance Unit. 

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

Avantel Share Price

160.15 5.20 (3.36%)
17-Apr-2026 16:59 View Price Chart
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