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Avantel bags firm purchase order worth Rs 83.80 crore

30 Jun 2026 Evaluate

Avantel has received a firm purchase order worth Rs 83.80 crore (inclusive of applicable taxes) from M/s Zetwerk Manufacturing Businesses. The purchase order is pursuant to the Rs 459.90 crore rate contract (exclusive of taxes) awarded in March 2026. The order is for the supply of satellite communication equipment along with a one-year comprehensive onsite warranty. The order is scheduled to be executed by March 2027.

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. 4690.90
Bharat Electronics 386.40
Aequs 220.70
Astra Microwave Prod 1622.10
DCX Systems 160.85
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