Avantel's share price rallied 8.52% to Rs 158.69 during Thursday’s trading session after the company announced it received a firm purchase order worth Rs 177.35 crore from Zetwerk Manufacturing Businesses Limited for supplying satellite communication equipment.
The purchase order, dated September 22, 2026, was received pursuant to a rate contract previously awarded by Zetwerk to Avantel. The order includes the manufacturing and supply of satellite communication equipment along with a one-year comprehensive onsite warranty.
