Avantel shares jumped over 8% on Thursday after securing a Rs 177.35 crore purchase order from Zetwerk Manufacturing Businesses for satellite communication equipment. Scheduled for execution by March 2027, the domestic manufacturing contract boosts revenue visibility for the telecom and defence electronics manufacturer following robust Q1 FY27 results.
Avantel shares jumped over 8% on Thursday after securing a Rs 177.35 crore purchase order from Zetwerk Manufacturing Businesses for satellite communication equipment. Scheduled for execution by March 2027, the domestic manufacturing contract boosts revenue visibility for the telecom and defence electronics manufacturer following robust Q1 FY27 results.
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