India's Avantel jumps 7% on 94 mln-rupee order win
18/09/2024 05:15
** Shares of Avantel AVAN.BO rise 6.8% to 180.85 rupees
** Satellite communication services provider gets work order
worth ~94 mln rupees ($1 mln) from NewSpace India for supplying,
installing and commissioning a Ground Segment Hub
** More than 345,000 shares change hands, 1.3x the 30-day
avg
** AVAN climbs ~61% YTD, on track for sixth straight year of
gains
($1 = 83.7670 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))