Avantel Secures ₹2.84 Crore Satcom Products Order; Stock Rises over 5%

Hyderabad, August 29, 2025 – Avantel Limited (NSE: AVANTEL, BSE: 532406) shares rose significantly by 5.18% as the company announced that it has received a major domestic purchase order from Chowgule and Company Pvt. Ltd.

Avantel Limited, headquartered in Hyderabad, is a leading player in the aerospace and defence sector. Listed on NSE and BSE, the company focuses on Satcom products and integrated communication solutions. With manufacturing units in Andhra Pradesh and Telangana, Avantel serves both defence and commercial communication markets. Its expertise in critical technologies positions it as a trusted partner for strategic communication requirements.

Market Snapshot

As of 29-Aug-2025, 01:17 PM, shares of Avantel Ltd were trading at ₹150.25, up ₹4.59 or 3.15% from the previous close of ₹145.66, reflecting renewed investor interest. The stock had a VWAP of ₹150.34, showing that they have a steady momentum. With a market cap of ₹3,981.17 crore and a P/E of 73.81, Avantel trades at premium valuations.

Key Order Details

The order from Chowgule and Company Pvt. Ltd. is worth ₹2.84 crore (including taxes). It is for the supply of satellite communication (Satcom) products and is to be completed by March 15, 2026. The order comes with a warranty period of 24 months and does not include any related party.

Outlook and Investor Takeaway

The new order won by Avantel highlights that there is a strong demand for the company, further reinforcing the company’s position in the industry. However, despite the win, the company’s long-term stability and growth will depend on upcoming order inflows, execution timelines, and margin stability. Therefore, investors should keep a close eye on contract scale-up, order book diversification, and delivery schedules.

REF: https://nsearchives.nseindia.com/corporate/AVANTEL_29082025123828_Intimation29082025F.pdf

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