The latest announcement is out from Avantel Limited ( (IN:AVANTEL) ).
Avantel Limited has announced the receipt of a significant purchase order valued at Rs. 43.25 Crores from NewSpace India Limited. The contract involves the domestic supply, installation, and commissioning of devices for Xponders, with an expected execution by August 2025. This order strengthens Avantel’s market position in the domestic technology and manufacturing sector, potentially enhancing its operational scale and stakeholder value.
More about Avantel Limited
Avantel Limited operates in the technology and manufacturing industry, specializing in the supply, installation, and commissioning of devices, with a focus on delivering electronic systems and solutions.
YTD Price Performance: -36.36%
Average Trading Volume: 155,032
Current Market Cap: 24.86B INR
For detailed information about AVANTEL stock, go to TipRanks’ Stock Analysis page.