Inventory Market right this moment: Defence inventory Avantel gained greater than 3% in the course of the intraday trades on Tuesday after it obtained order replace from ISRO.
Avantel ltd share value opened at ₹128.10 on the BSE on Tuesday, larger than earlier shut of ₹127.10 . Avantel Ltd share value thereafter gained additional to intraday highs of ₹132.35, marking fgains of greater than 4% over the earlier shut
Avantel Ltd share value that had risen from 1 12 months or 52 week lows of ₹86.05 in March 2024 to highs of ₹233.80 in July 2024 had corrected considerably there after. Therefore the order stream has lifted the emotions of Avantel buyers considerably
Avantel Ltd _ ISRO order replace
Avantel Ltd intimated the exchanges on 4 February 2024 about Receipt of a Buy Order
As per Avantel Ltd intimation on the change “ , the Firm has obtained a Buy Order value of Rs.5.81 Crores (excluding taxes) vide mail dated February 4, 2025, from Satish Dhawan House Centre – SHAR, ISRO”
The order obtained by Avantel Ltd is for AMC of Wind Profiler Radar as indicated by the corporate in its launch below -brief particulars about vital phrases and situations of order(s)/contract(s) awarded
The time interval for the order (annual Upkeep Constrict is until January 2030. The Broad consideration and measurement of the order or contract is Rs.5.81 Crores (excluding taxes)
Avantel Ltd Q3 Outcomes
Avantel Ltd had just lately additionally introduced in October- December quarter efficiency (Q3 Outcomes). The
Avantel Ltd had reported consolidated internet revenue of ₹20.08 crore in the course of the December’24 quarter that grew 23 % over RS 16.32 crore reported by Avantel Ltd in the course of the December’23 quarter
Avantel Ltd reported consolidated revenues from operations at ₹70.68 had grown 18.4% in the course of the cember 2024 quarter over ₹59.7 Crore in the course of the December 2023 quarter.
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