Synopsis:

Avantel Ltd has secured two domestic orders worth ₹12.77 crores — ₹3.95 crores from the Indian Navy for Satcom Systems and ₹8.82 crores from Bharat Electronics for Power Amplifiers, and both orders are to be executed by FY26

The shares of the Defence company specializing in the business of designing, developing, and maintaining wireless and satellite communication products are in focus after securing two orders worth Rs. 12.77 crore from the Indian Navy and Bharat Electronics Limited.

With a market capitalization of Rs. 4,855.57 crores on Thursday, the shares of Avantel Limited jumped upto 0.74 percent, making a high of Rs. 188.15 per share compared to its previous closing price of Rs. 186.75 per share.

What Happened

Avantel Limited, engaged in the business of designi

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