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Avantel: Stock jumps after receiving order from Department of Atomic Energy

Avantel Limited has received an amended purchase order worth Rs. 9.88 crore from the Department of Atomic Energy for supply, with execution scheduled by September 30, 2026.

Introduction

Leading technology company has received an amended domestic purchase order worth Rs. 9.88 crore from the Department of Atomic Energy. The order, including supply and performance security, is scheduled for execution by September 2026.

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Share price movement of Avantel

On September 9, 2025, Avantel Ltd opened at ₹170.25, down 0.12% from its previous close of ₹170.45. The stock reached a high of ₹177.50 (4.12%) and a low of ₹166.25. By 12:58 PM, it traded at ₹171.85, a 0.82% increase, with a market cap of ₹4,553.50 crore.

Avantel Limited Secures Rs. 9.88 Crore Order

Avantel Limited has received an amended purchase order worth Rs. 9.88 crore, including taxes, from the Department of Atomic Energy. The order was confirmed via email on September 8, 2025.

The order is domestic and supply-based. It includes a performance security deposit of 3% via bank guarantee. The contract is scheduled to be executed by September 30, 2026.

Recent news on Avantel

As of August 11, 2025, Avantel Ltd has secured a ₹10.11 crore order from Hindustan Aeronautics Limited to supply airborne satellite communication equipment, with delivery and warranty scheduled over the next year.

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

Avantel Ltd delivered a 10.2% return over the past week. The stock gained 63.7% in the past six months and 7.36% over the past year.

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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 customers in the aerospace and defence sectors.

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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 is rising after receiving an amended purchase order worth Rs. 9.88 crore from the Department of Atomic Energy.

Q: What does Avantel Ltd specialize in?

A: Avantel Ltd specializes in designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and network management software.

Q: What is the 52-week high and low of Avantel Ltd stock?

A: The 52-week high of Avantel Ltd stock is ₹190.95, and the low is ₹90.30.

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