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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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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Shareholding pattern of Avantel
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 37.20% | 38.60% | 38.60% |
| FII | 0.50% | 0.50% | 0.20% |
| DII | 0.20% | 0.40% | 0.90% |
| Public | 62.20% | 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
A: Avantel Ltd share price rose after receiving a ₹19.33 crore order from Larsen & Toubro Limited for Satcom product services.
A: Avantel Ltd has a market capitalization of ₹4,999.97 crore as of September 22, 2025.
A: Avantel Ltd operates in aerospace, defence, wireless and satellite communication products, radar systems, and network management software sectors.


