Avantel shines on bagging order worth Rs 8.46 crore for supply of MSS Systems

06 Dec 2012 Evaluate

Avantel is currently trading at Rs. 60.25, up by 0.30 points or 0.50% from its previous closing of Rs. 59.95 on the BSE.

The scrip opened at Rs. 60.25 and has touched a high and low of Rs. 60.25 and Rs. 57.55 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.95 on 06-Feb-2012 and a 52 week low of Rs. 50.05 on 04-Sep-2012.

Last one week high and low of the scrip stood at Rs. 64.50 and Rs. 57.10 respectively. The current market cap of the company is Rs. 28.00 crore.

The promoters holding in the company stood at 33.74% while Non-Institutions held 66.26% respectively.

Avantel, the defence communication products maker has bagged an order worth Rs 8.46 crore from Indian Navy, New Delhi for supply of mobile satellite service (MSS) Systems.

Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies. The design, development and integration of wireless and access products are carried out using standard and proprietary software tools.

Avantel Share Price

159.50 3.65 (2.34%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Tejas Networks 1224.75
ITI 344.15
Black Box 634.55
Quadrant Televenture 1.51
Avantel 159.50
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