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Kavveri Defence & Wireless Technologies is currently trading at upper limit of Rs. 42.44, up by 2.02 points or 5.00% from its previous closing of Rs. 40.42 on the BSE.

The scrip opened at Rs. 42.44 and has touched a high and low of Rs. 42.44 and Rs. 42.44 respectively. So far 11523 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.53 on 22-Oct-2024 and a 52 week low of Rs. 10.00 on 19-Mar-2024.

Last one week high and low of the scrip stood at Rs. 42.44 and Rs. 34.00 respectively. The current market cap of the company is Rs. 105.57 crore.

The promoters holding in the company stood at 15.14%, while Institutions and Non-Institutions held 13.03% and 71.84% respectively.

Kavveri Defence and Wireless Technologies (Kavveri) has bagged a significant order for the group for the design and development of the world’s first complex penta-band high-gain antenna from a leading counter-drone company based in the United States. This order reinforces Kavveri's position as a trusted provider of advanced antenna solutions for defence and mission-critical communication applications, especially in new and emerging technologies.

This penta-band antenna will be an innovative solution to support five distinct frequency bands, providing superior performance and unmatched versatility. Kavveri’s development of this ground-breaking technology will enable seamless integration into the customer’s core systems, enhancing their counter-drone capabilities with robust, efficient, and highly reliable defence and mission-critical communication.

Kavveri Telecom Products has changed its name to ‘Kavveri Defence & Wireless Technologies’.