Avantel is currently trading at RS. 151.40, up by 0.40 points or 0.26% from its previous closing of RS. 151.00 on the BSE.
The stock opened at RS. 151.80 and touched a high of RS. 153.80 and a low of RS. 146.45. A total of 156671 shares have been traded so far.
A BSE group 'A' stock with a face value of RS. 2, Avantel hit a 52-week high of RS. 191.95 on October 7, 2024, and a 52-week low of RS. 90.30 on April 7, 2025. Over the past week, the stock traded between RS. 153.80 and RS. 132.70. The company’s current market capitalization is RS. 4024.89 crore.
Promoter shareholding in the company stands at 37.15%, while institutions hold 0.66% and non-institutions 62.19%.
In a recent development, Avantel secured an order worth RS. 3.36 crore (including taxes) from the Defence Research and Development Organisation (DRDO) for the development, porting, and testing of SATCOM Waveform (SDR). The order, dated August 25, 2025, is scheduled for execution by April 27, 2026.
Avantel specializes in the design and development of advanced solutions in High Power Broadband Wireless, Satellite Communication, and Broadband access technologies.