Avantel is currently trading at RS. 163.00, up by RS. 8.00 or 5.16% from its previous closing price of RS. 155.00 on the BSE.

The stock opened at RS. 155.55 and hit an intraday high of RS. 164.90 and a low of RS. 155.55. So far, 5,15,042 shares have been traded on the counter.

A BSE group 'A' stock with a face value of RS. 2, Avantel touched a 52-week high of RS. 212.61 on July 9, 2024, and a 52-week low of RS. 90.30 on April 7, 2025. In the last week, the scrip has moved between a high of RS. 164.90 and a low of RS. 150.30. The company's current market capitalization stands at RS. 4238.07 crore.

Promoters hold 38.57% stake in the company, while institutional and non-institutional investors hold 0.88% and 60.55%, respectively.

In a significant development, Avantel has secured a purchase order worth RS. 11.06 crore (inclusive of taxes) from Mazagon Dock Shipbuilders. The order is scheduled for execution between April 2026 and August 2029.

Earlier, the company received another major order worth RS. 17.70 crore (including taxes) from Bharat Electronics, as per an email dated April 29, 2025.

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