Defence stock jumps 3% after THIS order update from ISRO. Do you own?
1 month, 3 weeks ago

Defence stock jumps 3% after THIS order update from ISRO. Do you own?

Live Mint  

Stock Market today: Defence stock Avantel gained more than 3% during the intraday trades on Tuesday after it received order update from ISRO. Avantel Ltd share price thereafter gained further to intraday highs of ₹132.35, marking fgains of more than 4% over the previous close Avantel Ltd share price that had risen from 1 year or 52 week lows of ₹86.05 in March 2024 to highs of ₹233.80 in July 2024 had corrected significantly there after. Hence the order flow has lifted the sentiments of Avantel investors significantly Avantel Ltd _ ISRO order update Avantel Ltd intimated the exchanges on 4 February 2024 about Receipt of a Purchase Order As per Avantel Ltd intimation on the exchange “, the Company has received a Purchase Order worth of Rs.5.81 Crores vide mail dated February 4, 2025, from Satish Dhawan Space Centre – SHAR, ISRO” The order received by Avantel Ltd is for AMC of Wind Profiler Radar as indicated by the company in its release under -brief details about significant terms and conditions of order/contract awarded The time period for the order Avantel Ltd Q3 Results Avantel Ltd had recently also announced in October- December quarter performance. The Avantel Ltd had reported consolidated net profit of ₹20.08 crore during the December'24 quarter that grew 23 % over RS 16.32 crore reported by Avantel Ltd during the December'23 quarter Avantel Ltd reported consolidated revenues from operations at ₹70.68 had grown 18.4% during the cember 2024 quarter over ₹59.7 Crore during the December 2023 quarter.

Order Avantel Order Update  update  order  avantel  price  share  quarter  reported  jumps  received  defence  crore  stock  isro  2024

History of this topic

Paras Defence share price surges 10% on ₹142 crore order win from DRDO
6 days, 21 hours ago

Paras Defence share price surges 10% on ₹142 crore order win from DRDO

Live Mint  

Paras Defence share price jumped nearly 10% on Thursday's trading session after the company was awarded a contract valued at around ₹142.31 crore from the Defence Research and Development Organisation. Paras Defence share price today opened at an intraday low of ₹978.35 apiece on the BSE, the stock touched an intraday high of ₹1,046.95 per share. Technical Views Anshul Jain, …

BEL share price rises on ₹2463 Crore defence order for Radar systems from Indian Air Force
1 week, 6 days ago

BEL share price rises on ₹2463 Crore defence order for Radar systems from Indian Air Force

Live Mint  

Stock Market Today- Bharat Electronics Ltd share price gained in the morning trades on Thursday as it announced receiving ₹2463 Crore defence order for Radar systems from Indian Air Force BEL on Wednesday post market hours announced the receipt of Rs.2,463 Crore order for Ashwini Radars from Indian Air Force. BEL share price Movement BEL share price opened at ₹282.45 …

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2 weeks, 5 days ago

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Live Mint  

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Live Mint  

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Small-cap defence stock rises 13% in 5 trading sessions post order from ISRO’s arm: Do you own it?
1 month ago

Small-cap defence stock rises 13% in 5 trading sessions post order from ISRO’s arm: Do you own it?

Live Mint  

Stock Market Today: Small-cap defence stock Avantel Ltd has risen 13% in 5 trading sessions post receiving order from ISRO's arm NewSpace India Limited. The Defence, telecom and technology company Avantel Ltd in its release on 19 February informed the Exchanges regarding having received order from NewSpace India Limited. Avantel Order details An order for ₹43.25 crore had been signed …

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1 month, 2 weeks ago

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Live Mint  

Stock market today: Extending their weakness to the third straight day on Monday, February 10, shares of Delhivery, the country's largest fully integrated logistics services provider, tumbled another 5%, slipping below the ₹300 mark for the first time since their listing in May 2022 to record a fresh all-time low of ₹299.80 apiece. Despite Q3 being a seasonally strong quarter …

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Live Mint  

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Live Mint  

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2 months ago

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Live Mint  

Oberoi Realty Q3 Results: Real estate major Oberoi Realty on Monday, January 20 reported a 71.7% year-on-year rise in its consolidated net profit for the fiscal's third quarter ended December to ₹618.38 crore. Mumbai-based listed real estate firm's consolidated revenue from operations stood at ₹1,411.08 crore during the quarter ended December from ₹1,053.64 crore in Q3FY24, a year-on-year rise of …

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3 months ago

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Live Mint  

Defence stocks have delivered stellar returns, driven by the government’s focus on boosting domestic manufacturing, a robust order book, and improved financial performance. Phillip Capital has initiated coverage on defence stocks with a ‘Buy’ rating on BEL, HAL and Data Patterns, and a ‘Neutral’ rating on Solar Industries India and Bharat Dynamics. It assigns a P/E of 42x based on …

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?
4 months, 1 week ago

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?

Live Mint  

Delhivery share price rallied nearly 4% on Monday after the logistics company reported net profit for the second quarter in a row. Delhivery reported a consolidated net profit of ₹10.2 crore in the second quarter ended September 30, as against a loss of ₹103 crore in the year ago period. It retained a ‘Buy’ call on Delhivery shares and cut …

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Trending News
4 months, 1 week ago

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Live Mint  

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4 months, 1 week ago

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Live Mint  

Bharat Forge on Thursday, November 14, released its September quarter results, reporting a consolidated net profit of ₹243 crore, a 13.55% increase from ₹214 crore in the same period last year. During the quarter, the group secured new orders worth ₹1,207 crore across defence, ferrous and aluminium castings, and core forging. The total order wins for H1 FY25 amounted to …

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4 months, 1 week ago

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Live Mint  

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Live Mint  

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Live Mint  

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Live Mint  

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