Avantel Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Government or defence orderBusiness Updates View source PDF Explain this filing

AVANTEL · price

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

+0.9%Reaction day

₹156.40

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-0.1% vs market

Aerospace & Defense peers, median of 22sector+0.5%+0.4% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.4 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.

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

AI summary

Avantel Limited has received a purchase order worth Rs. 1.76 Crores (excluding taxes) from M/s. Bharat Electronics Limited (BEL) for the supply of Satcom Products. The order is dated January 1, 2025, and is domestic in nature, classified under manufacturing. Avantel is required to fulfil the order by July 2026. A 5% performance bank guarantee is part of the contract terms. The order has no related party implications.

Likely market impact

While the order value of Rs. 1.76 Crores is relatively small, the order from BEL — a Government of India defence PSU — strengthens Avantel's credentials in the defence/satcom segment and adds to its order book. This is a positive signal for continued business from public sector defence clients but is unlikely to move the stock significantly on its own.