Hot Pursuit     21-Mar-22
Avantel rises on bagging $1.3 million contract from Lockheed Martin
Avantel gained 3.35% to Rs 945 after the company has received an order for an amount $13,66,000 from Lockheed Martin Corporation.

The order is for the supply of Satcom Equipment. The announcement was during market hours today.

Avantel specializes in integrating technologies related to wireless front-end, Satellite Communication, Embedded systems, Signal Processing, Network management and Software development.

The company's net profit rose 13.08% to Rs 5.62 crore on a 16.41% rise in sales to Rs 29.09 crore in Q3 FY22 over Q3 FY21.

In the past three months, the stock has gained 35.79% while the benchmark Sensex has added 2.08% during the same period.

Previous News
  Avantel standalone net profit rises 38.11% in the March 2021 quarter
 ( Results - Announcements 26-Apr-21   08:09 )
  Avantel wins purchase order of Rs 7.20 cr
 ( Corporate News - 02-Mar-24   12:42 )
  Avantel fixes record date for interim dividend
 ( Market Beat - Reports 22-Jan-19   15:23 )
  Board of Avantel to consider proposal for bonus issue
 ( Corporate News - 28-Sep-23   12:05 )
  Avantel to hold board meeting
 ( Corporate News - 08-Jul-21   10:18 )
  Avantel standalone net profit rises 38.24% in the September 2020 quarter
 ( Results - Announcements 21-Oct-20   16:55 )
  Avantel tto table results
 ( Corporate News - 03-Apr-23   10:20 )
  Avantel standalone net profit rises 820.59% in the December 2017 quarter
 ( Results - Announcements 29-Jan-18   09:55 )
  Avantel reports standalone net profit of Rs 2.45 crore in the September 2014 quarter
 ( Results - Announcements 13-Nov-14   08:30 )
  Avantel to discuss results
 ( Corporate News - 10-Jan-22   16:19 )
  Avantel to hold board meeting
 ( Corporate News - 20-Oct-18   15:35 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top