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Avantel moves up on bagging order worth Rs 2.70 crore from Integrated Test Range

05 Aug 2026 Evaluate

Avantel is currently trading at Rs. 165.40, up by 1.45 points or 0.88% from its previous closing of Rs. 163.95 on the BSE.

The scrip opened at Rs. 165.00 and has touched a high and low of Rs. 166.45 and Rs. 163.50 respectively. So far 11371 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 215.00 on 10-Oct-2025 and a 52 week low of Rs. 117.70 on 23-Mar-2026.

Last one week high and low of the scrip stood at Rs. 166.45 and Rs. 158.20 respectively. The current market cap of the company is Rs. 4394.86 crore.

The promoters holding in the company stood at 37.04%, while Institutions and Non-Institutions held 2.67% and 60.29% respectively.

Avantel has received a supply order worth Rs 2.70 crore (inclusive of applicable taxes) from Integrated Test Range (ITR), Chandipur. The order is for the supply of telecommand RF system. The order is to be executed by September 2028.

Earlier, the company had received a purchase order worth Rs 20.81 crore (including of applicable taxes) from Larsen & Toubro (L&T).

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

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