Introduction
Leading Satcom products manufacturer has secured a Rs. 12.51 crore purchase order from Bharat Electronics Limited. The order is domestic, carries a 3% Performance Bank Guarantee, and is scheduled for execution by March 2026.
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Share price movement of Avantel
On September 18, 2025, Avantel Ltd opened at ₹177.90, up 0.60% from its previous close of ₹176.85. The stock reached a high of ₹184.40 and a low of ₹174.45. By 2:05 PM, it traded at ₹177.45, a 0.34% increase, with a market cap of ₹4,701.88 crore.
Avantel Ltd Secures Rs.12.51 Crore Satcom Order
Avantel Limited has received a purchase order worth Rs. 12.51 crore (including taxes) from Bharat Electronics Limited on September 17, 2025. The order is for the supply of Satcom products and is domestic in nature.
The order carries a 3% Performance Bank Guarantee and is scheduled for execution by March 2026. Promoters have no interest in the awarding entity, and the contract does not fall under related party transactions.
Recent news on Avantel
As of August 25, 2025, Avantel Ltd secured a Rs 3.36 crore order from DRDO for SATCOM waveform development, porting, and testing, with project execution scheduled by April 27, 2026.
Stock performance of Avantel for Period of 1 week, 6 months, and 1 year
Avantel Ltd delivered a 5.66% return over the past week. It gained 53.9% in the past six months. The stock rose 7.93% over the past year.
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Shareholding pattern of Avantel
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 38.50% | 38.60% | 38.60% |
| FII | 0.50% | 0.50% | 0.20% |
| DII | 0.40% | 0.40% | 0.90% |
| Public | 60.70% | 60.50% | 60.30% |
About Avantel
Avantel Ltd (NSE: AVANTEL) designs, develops, and maintains wireless and satellite communication products, defence electronics, radar systems, and network management software, serving primarily aerospace and defence sector clients across India.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Avantel Ltd share price going up today?
A: Avantel Ltd share price is rising after receiving a Rs. 12.51 crore purchase order from Bharat Electronics Limited for Satcom products.
Q: What does Avantel Ltd specialize in?
A: Avantel Ltd specializes in designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and network management software.
Q: What is the market capitalization of Avantel Ltd?
A: The market capitalization of Avantel Ltd is ₹4,701.88 crore as of September 18, 2025.
