Avantel moves up on receiving Purchase Order worth of Rs 4.24 crore
Granules India is currently trading at Rs. 303.95, up by 1.60 points or 0.53% from its previous closing of Rs. 302.35 on the BSE.
The scrip opened at Rs. 305.00 and has touched a high and low of Rs. 305.75 and Rs. 302.25 respectively. So far 24057 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 381.25 on 04-Nov-2022 and a 52 week low of Rs. 267.85 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 317.00 and Rs. 300.70 respectively. The current market cap of the company is Rs. 7318.16 crore.
The promoters holding in the company stood at 42.02%, while Institutions and Non-Institutions held 28.03% and 29.95% respectively.
Avantel has received a Purchase Order worth of Rs 4.24 crore dated July 13, 2023, from Mazagon Dock Shipbuilders for Supply, Installation and Commissioning of UHF SATCOM Systems
Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.