Avantel shares moved up in early trade on April 30, 2025, after the company received a significant purchase order. The stock is currently trading at RS 117.90, up by 1.00 point or 0.86% from its previous close of RS 116.90 on the BSE.

The scrip opened at RS 119.70 and has touched an intraday high and low of RS 119.70 and RS 116.10 respectively. A total of 23,553 shares have been traded so far on the counter.

The BSE Group 'A' stock, with a face value of RS 2, has seen a 52-week high of RS 223.80 on July 9, 2024, and a 52-week low of RS 95.05 on April 7, 2025. In the last week, it has traded between RS 135.55 and RS 111.45. The company's current market capitalization stands at RS 2,863.41 crore.

Promoter holding in Avantel stands at 38.57%, while institutional and non-institutional investors hold 0.88% and 60.55%, respectively.

The company has received a purchase order worth RS 17.70 crore (including taxes) via mail dated April 29, 2025, from Bharat Electronics. The order is scheduled for completion by September 20, 2028.

Previously, Avantel secured a purchase order valued at RS 4.96 crore (excluding taxes) from the Department of Atomic Energy, which is to be executed by May 2, 2026.

Avantel specializes in the design and development of high-power broadband wireless, satellite communication, and broadband access technology-based products.