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    Defence inventory jumps 3% after THIS order replace from ISRO. Do you personal?

    Inventory Market at this time: Defence inventory Avantel gained greater than 3% throughout the intraday trades on Tuesday after it acquired order replace from ISRO.

    Avantel ltd share value opened at 128.10 on the BSE on Tuesday, greater than earlier shut of 127.10 . Avantel Ltd share value thereafter gained additional to intraday highs of 132.35, marking fgains of greater than 4% over the earlier shut

    Avantel Ltd share value that had risen from 1 12 months or 52 week lows of 86.05 in March 2024 to highs of 233.80 in July 2024 had corrected considerably there after. Therefore the order stream has lifted the emotions of Avantel buyers considerably

    Avantel Ltd _ ISRO order replace

    Avantel Ltd intimated the exchanges on 4 February 2024 about Receipt of a Buy Order

    As per Avantel Ltd intimation on the trade “ , the Firm has acquired a Buy Order price of Rs.5.81 Crores (excluding taxes) vide mail dated February 4, 2025, from Satish Dhawan House Centre – SHAR, ISRO”

    The order acquired by Avantel Ltd is for AMC of Wind Profiler Radar as indicated by the corporate in its launch below -brief particulars about vital phrases and circumstances of order(s)/contract(s) awarded

    The time interval for the order (annual Upkeep Constrict is until January 2030. The Broad consideration and dimension of the order or contract is Rs.5.81 Crores (excluding taxes)

    Avantel Ltd Q3 Outcomes

    Avantel Ltd had lately additionally introduced in October- December quarter efficiency (Q3 Outcomes). The

    Avantel Ltd had reported consolidated web revenue of 20.08 crore throughout the December’24 quarter that grew 23 % over RS 16.32 crore reported by Avantel Ltd throughout the December’23 quarter

    Avantel Ltd reported consolidated revenues from operations at 70.68 had grown 18.4% throughout the cember 2024 quarter over 59.7 Crore throughout the December 2023 quarter.

    Disclaimer: The views and suggestions made above are these of particular person analysts or broking firms, and never of Mint. We advise buyers to examine with licensed consultants earlier than taking any funding choices.

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