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532406 Avantel News Story

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in flag iconLast trade - 00:00
TechnologySpeculativeMid CapHigh Flyer

India's Avantel rises on $8 mln order win

** Shares of Avantel Ltd  AVAN.BO  up 3.4% at 127.25 rupees
    ** Co received orders worth 679.2 million rupees  ($8.2
million) to supply satellite communication terminals
    ** AVAN rose as much as 5.6% earlier in the session
    ** Shares on track to snap three straight sessions of losses
    ** Stock up ~400% YTD; it had more than doubled in both 2021
and 2022


($1 = 83.3300 Indian rupees)

 (Reporitng by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))

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