Avantel Shares Jump To 52-week High On Fresh Order Worth ₹19.33 Crore from L&T

Hyderabad, September 22, 2025: Avantel Limited share price is witnessing strong investor demand today, on September 22, after securing fresh orders worth ₹19.33 crore from L&T. In the early morning trade, the share made a fresh 52-week high of ₹194.40. As of 2:15 PM, the shares were up by 2.81%, or 5.17 points, and were trading at ₹188.94. Until now, the shares have traded within a range of ₹194.40 and ₹184.00. The traded volume stands at 95.46 lakh shares, with the company’s market capitalization at ₹4,869 crore. The P/E ratio of the company stands at 93.12.

Avantel Limited is an Indian company that is engaged in designing, developing, and manufacturing wireless and satellite communication products, primarily for the defence and aerospace sectors. The company was established in 1990 and has its headquarters in Hyderabad, Telangana, India. The shares of the company are listed on NSE with the ticker symbol AVANTEL and on BSE with the code 532406.

Order worth ₹19.33 Crore From L&T

The rise in the share price comes after the company announced that it has secured a fresh order worth ₹19.33 crore from L&T. The order requires Avantel to service the Satcom products, with an executing timeline by July 2026.

The shares of the company have risen by 42.2% in one year, as compared to the 3% negative return of the BSE Sensex. The company has recently secured orders from key players, including Bharat Electronics (BEL) and Garden Reach Shipbuilders & Engineers (GRSE).

The new orders are expected to contribute to the company’s order book and provide it with revenue visibility. If executed well, the company can grow its business operations and may get new orders from big companies.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/77d9a78a-1967-441e-be32-4d7e957cfc0d.pdf

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