Announced Tue, 30 Jun · 13:30 IST
Avantel gets Rs 83.80 Cr order from Zetwerk for satellite communication equipment
Business Updates View source PDF
AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹170.70
prior close
₹178.11
base price
In-mkt
timing
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+1.2+0.6+1.7+0.9+5.2+5.5+4.3+6.9+4.5+5.4+0.4———
Up moveDown movePending
AI summary
Avantel Limited received a firm Purchase Order worth Rs. 83.80 Crores (inclusive of taxes) from Zetwerk Manufacturing Businesses for supply of Satellite Communication Equipment with 1-year comprehensive onsite warranty. The order follows a Rate Contract awarded on March 25, 2026 and is to be executed by March 2027. It is a domestic order covering manufacturing and AMC. No promoter group interest.
Likely market impact
Meaningful revenue boost expected from a single large domestic order. Positive for order book strength and near-term revenue visibility.