Avantel jumps on bagging order worth Rs 177.35 crore
Avantel is currently trading at Rs. 157.60, up by 2.25 points or 1.45% from its previous closing of Rs. 155.35 on the BSE.
The scrip opened at Rs. 155.95 and has touched a high and low of Rs. 157.80 and Rs. 151.75 respectively. So far 199732 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. 160.00 and Rs. 144.65 respectively. The current market cap of the company is Rs. 4176.67 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 firm purchase order worth Rs 177.35 crore (Incl. Taxes) from M/s Zetwerk Manufacturing Businesses. The order is for the supply of satellite communication equipment’s, along with 1 Year comprehensive onsite warranty. The order is to be executed by March 2027.
This order was placed under a rate contract awarded earlier and disclosed by the company on March 25, 2026.
