Avantel bags Rs 2.70 Crore defence supply order from ITR Chandipur

Govt Defence OrderBusiness Updates View source PDF Explain this filing

AVANTEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.2%Reaction day

₹164.49

prior close

₹164.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-1.1% vs market

Aerospace & Defense peers, median of 24sector+0.0%+0.1% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.1 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

+0.4

15m

+0.6

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+1.3-1.1+0.0+0.1

Next day

+0.6+1.6-1.0+1.7-1.1

-0.7+1.7-2.4+1.9-2.6

-1.2+1.6-2.8+1.8-2.9

-2.6+1.5-4.1+1.1-3.7

-3.7+1.8-5.5+0.5-4.2

-3.7+2.1-5.8+1.0-4.7

15d

-4.6+3.2-7.7+4.0-8.6

-4.6+3.7-8.3+1.7-6.3

-10.5+1.1-11.6+1.1-11.6

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Avantel Limited received a supply order worth Rs. 2.70 Crores (inclusive of taxes) from Integrated Test Range (ITR), Chandipur, a DRDO facility, for Telecommand RF Systems. The domestic order carries a 5% performance bank guarantee and must be executed by September 2028. No promoter or related party interest in the awarding entity.

Likely market impact

Modest new defence order strengthens order book and reinforces Avantel's role as a DRDO supplier; size is small relative to annual revenue.