AVANTEL LTD.
NSE : NABSE : 532406ISIN
CODE : INE005B01027Industry : Telecommunication - EquipmentHouse
: Private
BSE108.854.2 (+4.01 % )
PREV CLOSE (Rs.) 104.65
OPEN PRICE (Rs.) 106.90
BID PRICE (QTY) 108.65 (717 )
OFFER PRICE (QTY) 108.85 (52 )
VOLUME 98056
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE
This Company is not listed in NSE
Company News
| Date | Heading | Details |
|---|---|---|
| 08-May-2024 | Avantel informs about AGM | <div>Pursuant to Regulation 30 read with Schedule III, Part A, Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avantel has informed that it enclosed the Notice of the 34th Annual General Meeting of the Company which is being dispatched along with Annual Report 2023-24 through electronic mode to those Members whose email addresses are registered with the Company / Registrar & Transfer Agent or Depositories. The Notice of 34th AGM is also available on the website of the Company at www.avantel.in.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 08-May-2024 | Avantel informs about newspaper clippings | <p style="text-align: justify;">Avantel has informed that it enclosed the Newspaper clippings of Notice of 34th Annual General Meeting of the Company scheduled to be held on Thursday, May 30, 2024 at 11:00 am (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without the physical presence of the Members at a common venue, published in Business Standard (English) and Prajasakti (Telugu) on May 8, 2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 08-May-2024 | Avantel rises on bagging purchase order worth Rs 4.26 crore from Mazagon Dock Shipbuilders | <p style="text-align: justify;">Avantel is currently trading at Rs. 110.95, up by 1.15 points or 1.05% from its previous closing of Rs. 109.80 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 111.00 and has touched a high and low of Rs. 111.85 and Rs. 108.00 respectively. So far 67753 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 140.00 on 23-Jan-2024 and a 52 week low of Rs. 30.97 on 09-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 117.00 and Rs. 108.00 respectively. The current market cap of the company is Rs. 2671.10 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 40.06%, while Non-Institutions held 59.94% stake in the company.</p><p style="text-align: justify;">Avantel has received a purchase order worth of Rs 4.26 crore from Mazagon Dock Shipbuilders. The said order is to be executed by November 2, 2024. Recently, the company had received a purchase order worth of Rs 2.29 crore from Bharat Electronics.</p><p style="text-align: justify;">Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.</p><div style="text-align: justify;"><br></div> |
| 08-May-2024 | LTIMindtree, Kajaria Ceramics and Piramal Pharma to see some action today | <p style="text-align: justify;"><b>LTIMindtree </b>has collaborated with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree. Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration.</p><p style="text-align: justify;"><b>Kajaria Ceramics</b> has received approval for a project to set up a manufacturing facility of tiles adhesive at Gailpur (Rajasthan), having annual capacity of 36000 tonnes with an estimated project cost of Rs 15 crore. The company already has presence in the tile adhesive segment through outsourcing model. The Company is now setting up its own manufacturing facility for the same. The Board of Directors of the Company at their meeting held on May 7, 2024, has approved the same.</p><p style="text-align: justify;"><b>Piramal Pharma</b>'s Consumer Products Division (CPD) has launched its new digital campaign for 'Polycrol,' its trusted antacid brand, featuring actor, Jisshu Sengupta as the brand ambassador. This collaboration marks a significant milestone in Polycrol's journey to redefine the narrative surrounding digestive wellness. With a rich legacy spanning over four decades, Polycrol has earned the trust and confidence of millions, establishing itself as the go-to solution for those seeking quick and long lasting relief from acidity.</p><p style="text-align: justify;"><b>Avantel </b>has received a purchase order worth of Rs 4.26 crore from Mazagon Dock Shipbuilders. The said order is to be executed by November 2, 2024. Recently, the company had received a purchase order worth of Rs 2.29 crore from Bharat Electronics</p><p style="text-align: justify;"><b>InterGlobe Aviation </b>(IndiGo) has unveiled additional flights between Delhi and Phuket, Thailand, starting from June 01, 2024. Responding to the growing demand from business and leisure travellers, the airline is doubling its current frequency from 7 to an impressive 14 flights per week. With the advantage of visa-free entry to Thailand, these additional flights will boost travel, trade, and tourism between both nations, thereby fostering stronger bilateral ties.</p><p style="text-align: justify;"><b>Bharti Airtel</b> has deployed additional sites in Haora and Hugli Districts under its rural enhancement project. In this year alone, Airtel has doubled down on its commitment to the states and has invested additional capex to enhance its network connectivity for seamless experience on 4G, 5G, Broadband and Fiber. The addition of fresh fiber capacity will support the growth of demand for high-speed data services in these regions.</p><div style="text-align: justify;"><b>Dr. Reddy's Laboratories</b> has reported results for fourth quarter (Q4) ended March 31, 2024. The company has reported 53.90% rise in its net profit at Rs 1,034.80 crore for the quarter under review as compared to Rs 672.40 crore for the same quarter in the previous year. Total income of the company increased by 13.89% at Rs 5,317.50 crore for Q4FY24 as compared Rs 4,668.80 crore for the corresponding quarter previous year. On consolidated basis, the company has reported 36.42% rise in its net profit at Rs 1,309.80 crore for fourth quarter ended March 31, 2024 as compared to Rs 960.10 crore for the same quarter in the previous year. Total income of the company increased by 13.29% at Rs 7,311.30 crore for Q4FY24 as compared Rs 6,453.70 crore for the corresponding quarter previous year.</div> |
| 07-May-2024 | Avantel bags purchase order worth Rs 2.29 crore from Bharat Electronics | <p style="text-align: justify;">Avantel has received a purchase order worth of Rs 2.29 crore from Bharat Electronics. The said order is to be executed by March 5, 2025. Earlier, the company had received supply order worth of Rs 1.84 crore from Headquarters Naval Aviation, Goa.</p><p style="text-align: justify;">Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.</p><div style="text-align: justify;"><br></div> |
| 07-May-2024 | Avantel bags purchase order worth Rs 4.26 crore from Mazagon Dock Shipbuilders | <p style="text-align: justify;">Avantel has received a purchase order worth of Rs 4.26 crore from Mazagon Dock Shipbuilders. The said order is to be executed by November 2, 2024. Recently, the company had received a purchase order worth of Rs 2.29 crore from Bharat Electronics</p><p style="text-align: justify;">Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.</p><div style="text-align: justify;"><br></div> |
| 07-May-2024 | Avantel rises on bagging purchase order worth Rs 2.29 crore from Bharat Electronics | <p style="text-align: justify;">Avantel is currently trading at Rs. 111.70, up by 0.95 points or 0.86% from its previous closing of Rs. 110.75 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 112.40 and has touched a high and low of Rs. 113.00 and Rs. 110.15 respectively. So far 156024 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 140.00 on 23-Jan-2024 and a 52 week low of Rs. 31.00 on 09-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 117.00 and Rs. 110.00 respectively. The current market cap of the company is Rs. 2707.59 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 40.06%, while Non-Institutions held 59.94% stake in the company.</p><p style="text-align: justify;">Avantel has received a purchase order worth of Rs 2.29 crore from Bharat Electronics. The said order is to be executed by March 5, 2025. Earlier, the company had received supply order worth of Rs 1.84 crore from Headquarters Naval Aviation, Goa.</p><p style="text-align: justify;">Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.</p><div style="text-align: justify;"><br></div> |
| 25-Apr-2024 | Intimation Of Grant Of Stock Options Under 'Avantel Employees Stock Option Plan 2023 (ESOP 2023)' | The Nomination and Remuneration Committee has approved the grant of 6,000 stock options to the eligible employees of the Company at their meeting held on April 25, 2024. |
| 22-Apr-2024 | Avantel bags supply order worth Rs 1.84 crore | <p style="text-align: justify;">Avantel has received supply order worth of Rs 1.84 crore from Headquarters Naval Aviation, Goa. The said order is to be executed in one year. Earlier, the company had bagged purchase order worth of Rs 7.20 crore from M/s Larsen & Toubro. </p><p style="text-align: justify;">Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.</p> |
| 22-Apr-2024 | Avantel surges on bagging supply order worth Rs 1.84 crore | <p style="text-align: justify;">Avantel is currently trading at Rs. 112.27, up by 1.03 points or 0.93% from its previous closing of Rs. 111.24 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 114.00 and Rs. 111.50 respectively. So far 310031 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 140.00 on 23-Jan-2024 and a 52 week low of Rs. 31.00 on 09-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 114.00 and Rs. 99.05 respectively. The current market cap of the company is Rs. 2734.35 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 40.06%, while Non-Institutions held 59.94% stake in the company.</p><p style="text-align: justify;">Avantel has received supply order worth of Rs 1.84 crore from Headquarters Naval Aviation, Goa. The said order is to be executed in one year. Earlier, the company had bagged purchase order worth of Rs 7.20 crore from M/s Larsen & Toubro. </p><p style="text-align: justify;">Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies.</p><div style="text-align: justify;"><br></div> |
