Receipt of Purchase Order

Govt Defence OrderBusiness Updates View source PDF

AVANTEL · price

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▲ 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

+6.4%1-day move

₹161.55

prior close

₹167.94

base price

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AI summary

Avantel Ltd received an amendment to an existing purchase order from Bharat Electronics Limited (BEL) on May 21, 2026. The amendment adds Rs.1.92 Crores (excluding taxes) for the supply of Power Amplifiers over the existing order value of Rs.11.04 Crores. The total order value now stands at Rs.12.96 Crores, with delivery scheduled for September 2026. Bharat Electronics Limited is a Government of India enterprise under the Ministry of Defence. The order requires a 5% Performance Bank Guarantee and is for domestic manufacturing.

Likely market impact

This positive development expands Avantel's order book from a premier defence PSU, providing revenue visibility through September 2026. The additional Rs.1.92 Crores represents incremental business from an existing customer relationship.