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Avantel wins contract from Defence Ministry; shares up marginally

Avantel Share Price | Ministry of Defence has awarded a contract of for CAMC of satcom equipment’s.

December 29, 2025 / 09:20 IST
Avantel

Avantel share price rose marginally in the early trade on December 29 following a contract win worth of Rs 4.16 crore  for CAMC of satcom equipment’s from Ministry of Defence, Headquarters Naval Aviation.

At 09:18am, Avantel was quoting at Rs 160.25, up Rs 0.40, or 0.25 percent, on the BSE.

Earlier in this month, the company received a purchase order worth of Rs 13.82 crore for supply of satcom hub equipment’s from Centre For Railway Information Systems (CRIS).

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Last month, company received a purchase order worth of Rs 17.55 crores for supply of communication systems and purchase order worth of Rs 8.03 crores for supply of power amplifiers from Bharat Electronics.

In the previous trading session, the share closed at Rs 159.85, down Rs 1.80, or 1.11 percent.

The share touched a 52-week high of Rs 215.00 and a 52-week low of Rs 90.33 on 10 October, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 25.65 percent below its 52-week high and 76.96 percent above its 52-week low.

The market capitalisation of the company stands at Rs 4,243.49 crore.

Moneycontrol News
first published: Dec 29, 2025 07:34 am

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