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Defence stock: Avantel bags order worth ₹3.36 Cr from DRDO

Avantel Limited has secured a ₹3.36 crore order from DRDO for SATCOM Waveform (SDR) development, porting, and testing, with project completion expected by April 2026.

Introduction

Leading technology solutions provider has received an order worth ₹3.36 crore from DRDO for developing, porting, and testing SATCOM Waveform (SDR). The project includes field trials using HUB and will be executed by April 2026.

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Share price movement of Avantel

On August 26, 2025, Avantel Limited opened at ₹151.80, down 0.79% from its previous close of ₹151.00. The stock touched a high of ₹153.80 and a low of ₹146.45. By 11:52 AM, it traded at ₹149.80 with a market cap of ₹3,969.24 crore.

Avantel Secures ₹3.36 Crore DRDO Order

Avantel Limited has announced receiving an order worth ₹3.36 crore from the Defence Research and Development Organisation (DRDO). The order, dated August 25, 2025, includes development, porting, and testing of SATCOM Waveform (SDR).

The contract involves field trials of ported waveform using HUB. The order is classified as software services and has been awarded by a domestic entity. The execution timeline extends until April 27, 2026.

Recent news on Avantel

As of February 24, 2025, Avantel Ltd secured a ₹43.25 crore order from NewSpace India to supply and install 45,252 Xponder devices on marine fishing vessels, enhancing security along India’s coastal regions.

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

Avantel Ltd delivered a 13.5% return over the past week, gained 38.8% in the past six months, but declined by 14.3% over the past year.

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Shareholding pattern of Avantel

ParticularsJun 2025Mar 2025Dec 2024
Promoter37.20%38.50%38.60%
FII0.50%0.50%0.50%
DII0.20%0.40%0.40%
Public62.20%60.70%60.50%

About Avantel

Avantel Ltd (NSE: AVANTEL) develops wireless and satellite communication products, defence electronics, radar systems, and network management software, catering primarily to aerospace and defence sectors with advanced technological 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.

FAQs

Q: Why is Avantel Ltd share price going up today?

A: Avantel Ltd announced a ₹3.36 crore order from DRDO for SATCOM Waveform development, porting, and testing.

Q: What does Avantel Ltd specialize in?

A: Avantel Ltd specializes in wireless and satellite communication systems, defence electronics, radar solutions, and network management software development.

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

A: Avantel Ltd’s 52-week high is ₹190.95, while its 52-week low stands at ₹90.30.

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