Avantel Limited signs contract worth Rs. 54.38 crores

Avantel Limited has signed a contract worth of Rs.54.38 Crores dated June 9, 2023 with Ministry of Defence, Coast Guard Headquarters, New Delhi.

The contract is for SATCOM Terminals and Hub Stations. The contract is to be executed by September 2024.

Shares of AVANTEL LTD. was last trading in BSE at Rs. 598.35 as compared to the previous close of Rs. 600.65. The total number of shares traded during the day was 57524 in over 2050 trades.

The stock hit an intraday high of Rs. 627.00 and intraday low of 590.15. The net turnover during the day was Rs. 35213156.00.

Source : Equity Bulls

Keywords

AVANTEL INE005B01019 OrderWin DefenceMinistry SATCOMTerminals HubStations