Avantel: Stock jumps after receiving ₹12.51 Cr order from BELAvantel: Stock jumps after receiving ₹12.51 Cr order from BEL

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.

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