
Avantel's share price is under scrutiny following a recent contract win valued at Rs 4.16 crore from the Ministry of Defence for satcom equipment maintenance. This follows earlier orders this month, including a Rs 13.82 crore supply order from CRIS and significant orders from Bharat Electronics totaling over Rs 25 crore. The company's stock is currently trading below its 52-week high but significantly above its 52-week low.