Avantel is currently trading at Rs. 63.90, up by 0.95 points or 1.51% from its previous closing of Rs. 62.95 on the BSE.
The scrip opened at Rs. 64.50 and has touched a high and low of Rs. 64.50 and Rs. 63.90 respectively. So far 2000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 11-Jan-2013 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. 64.70 and Rs. 58.25 respectively. The current market cap of the company is Rs. 28.65 crore.
The promoters holding in the company stood at 35.55% while Non-Institutions held 64.45% stake in the company.
Avantel has received an approval for proposal of buyback of equity shares of the company, up to 25% of the paid up capital and free reserves by way of seeking the approval of the members of the company through Postal Ballot Process. The board of directors of the company at its meeting held on June 14, 2013 has approved for the same.
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.
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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