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Avantel bags contract worth Rs 117.88 crore from DRDO

29 Aug 2026 Evaluate

Avantel has received a contract worth Rs 117.88 crore (inclusive of applicable taxes) from the Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India. The contract is for the development, installation & commission of ground segment hub for voice & data communication. The contract is to be executed by February 2029.

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

Avantel Share Price

154.85 -1.65 (-1.05%)
04-Sep-2026 16:59 View Price Chart
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