Receipt of Purchase Order worth of Rs.3.01 Cr
AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Avantel Ltd has received an amendment to an existing purchase order from Bharat Electronics Limited (BEL) for supply of Power Amplifiers. The amendment adds Rs.3.01 Crores to the original order value of Rs.8.03 Crores, making the total order value Rs.11.04 Crores. The order is domestic, manufacturing-related, with execution targeted for July 2026 and requires a 5% Performance Bank Guarantee. BEL is a Government of India Navratna PSU engaged in defence electronics manufacturing.
The additional order value of Rs.3.01 Crores (37.5% increase over original order) represents continued business from a key government customer and should provide revenue visibility through mid-2026, which is positive for the stock.