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Avantel: Stock jumps 5.7% after securing ₹19.33 Cr order from L&T

Avantel Limited received a ₹19.33 crore purchase order from Larsen & Toubro Limited for Satcom product services, to be executed by July 2026, under SEBI LODR disclosure.

Introduction

Leading Indian technology company secured a ₹19.33 crore domestic order from Larsen & Toubro Limited for Satcom product services, scheduled for completion by July 2026, strengthening its service portfolio and client relationships.

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Also Read: RailTel: Stock jumps after securing ₹18 Cr contract from Dredging Corporation

Share price movement of Avantel

On September 22, 2025, Avantel Ltd opened at ₹185.25, up 0.79% from its previous close of ₹183.80. The stock reached a high of ₹194.40 (5.76%) and a low of ₹184.25. By 2:52 PM, it traded at ₹188.70, a 2.67% increase, with a market cap of ₹4,999.97 crore.

Avantel Secures ₹19.33 Crore Satcom Order

Avantel Limited received a purchase order worth ₹19.33 crore, including taxes, from Larsen & Toubro Limited. The order is for providing services of Satcom products.

The contract is domestic and will be executed by July 2026. The order involves servicing Satcom products, with no related-party transaction or promoter interest in the awarding entity.

Recent news on Avantel

As of August 29, 2025, Avantel Ltd received a ₹2.84 crore domestic order from Chowgule and Company Pvt. Ltd. for Satcom products, to be completed by March 15, 2026, with a 24 month warranty.

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

Avantel Ltd delivered a 7.97% return over the past week. The stock gained 80.8% in the past six months and 16.4% over the past year.

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Also Read: PNC Infratech: Stock jumps after winning ₹495 Cr order road project in the state of Bihar

Shareholding pattern of Avantel

ParticularsJun 2025Mar 2025Dec 2024
Promoter37.20%38.60%38.60%
FII0.50%0.50%0.20%
DII0.20%0.40%0.90%
Public62.20%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, primarily serving aerospace and defence sector customers in India and select international markets.

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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 rose after receiving a ₹19.33 crore order from Larsen & Toubro Limited for Satcom product services.

Q: What is the market capitalization of Avantel Ltd?

A: Avantel Ltd has a market capitalization of ₹4,999.97 crore as of September 22, 2025.

Q: In which sectors does Avantel Ltd operate?

A: Avantel Ltd operates in aerospace, defence, wireless and satellite communication products, radar systems, and network management software sectors.

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