Avantel Ltd jumps 4% after ₹11.19 Cr Xponder supply and commissioning orderAvantel Ltd jumps 4% after ₹11.19 Cr Xponder supply and commissioning order

Introduction

Leading technology firm has secured a Rs.11.19 Crore purchase order from NewSpace India Limited for supply, installation, and commissioning of Xponder devices, with completion scheduled by July 2026.

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Share price movement of Avantel

On January 8, 2026, Avantel Ltd opened at ₹163.95, up 0.12% from its previous close of ₹163.75. The stock reached a high of ₹169.45 (3.46%) and a low of ₹162.85 (-0.55%). By 11:14 AM, it traded at ₹166.05, a 1.40% increase, with a market cap of ₹4,408.08 crore.

Avantel Ltd Secures ₹11.19 Cr Order

Avantel Limited has received a purchase order worth Rs.11.19 Crores (excluding taxes) from NewSpace India Limited. The order was communicated via email on January 7, 2026.

The order involves supply, installation, and commissioning of devices for Xponders. It is a domestic manufacturing contract, to be executed entirely within India, with completion scheduled by July 2026.

The purchase order marks a significant business deal for Avantel Limited. The contract aligns with SEBI regulations for disclosure under Regulation 30, ensuring transparency for investors and stakeholders.

Stock performance of Avantel for Period of 1 week, 6 months, and 1 year

Avantel Ltd delivered a 4.69% return over the past week, it gained 5.78% in the past six months. The stock rose 15.8% over the past year.

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Shareholding pattern of Avantel

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	37.10%	37.20%	37.20%
FII	0.60%	0.70%	0.50%
DII	0.00%	0.20%	0.20%
Public	62.30%	62.00%	62.20%

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 with advanced technology solutions.

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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.

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