Avantel Shares in Focus After ₹4.16 Cr Defence Ministry Contract Win
Avantel has secured a contract worth ₹4.16 crore from the Ministry of Defence, specifically Headquarters Naval Aviation, for CAMC (Comprehensive Annual Maintenance Contract) of SATCOM equipment. Earlier this month, the company received a ₹13.82 crore order from Centre For Railway Information Systems (CRIS) for supply of SATCOM hub equipment. In November, Avantel also won orders worth ₹17.55 crore for communication systems and ₹8.03 crore for power amplifiers from Bharat Electronics, indicating strong order inflows across defence and railways. In the previous session, the stock closed at ₹159.85, down 1.11%. The 52-week high is ₹215.00 and the 52-week low is ₹90.33. Currently, the stock is about 26% below its high and nearly 77% above its low. With a market capitalisation of around ₹4,243 crore, the steady flow of defence and PSU orders improves revenue visibility and supports Avantel’s long-term growth outlook.

















