Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Company News

Avantel Ltd
Avantel bags Rs 13-cr Satcom order from BEL
Sep 18,2025
According to an exchange filing, the order is scheduled to be executed by March 2026.

Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, mainly from the aerospace and defence sectors. The company’s consolidated net profit tanked 56.23% to Rs 3.23 crore in Q1 FY26, compared with Rs 7.38 crore posted in Q1 FY25. However, revenue from operations marginally increased by 0.29% year on year to Rs 51.91 crore in Q1 FY26.

Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company’s standalone net profit surged 24.86% to Rs 969.13 crore on a 5.19% rise in revenue from operations to Rs 4,416.83 crore in Q1 FY26 over Q1 FY25.

Shares of Avantel rose 0.28% to Rs 177.35, while shares of Bharat Electronics (BEL) fell 0.35% to Rs 410.85 on the BSE.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise