Avantel Share Price in Focus After Receiving ₹177 Crore Satellite Equipment Order

Written by: Team Angel OneUpdated on: 28 Sept 2026, 8:54 pm IST

Avantel has received a ₹177.35 crore purchase order from Zetwerk Manufacturing Businesses for satellite communication equipment.

Avantel received the firm purchase order from Zetwerk on September 22, 2026. The order was placed under a rate contract awarded to the company earlier this year.

The order is for the supply of satellite communication equipment and includes a one-year comprehensive onsite warranty. The company has to complete the order by March 2027.

Avantel Gets ₹177 Crore Order

The purchase order is worth ₹177.35 crore, including applicable taxes. It is a domestic manufacturing order from Zetwerk Manufacturing Businesses Limited.

The latest order follows the rate contract awarded by Zetwerk to Avantel, which was referred to in the company's earlier March 25, 2026 filing.

Order to Be Completed by March 2027

Avantel will supply satellite communication equipment under the order. A one-year comprehensive onsite warranty is also part of the contract.

The company has stated that neither its promoter or promoter group has any interest in Zetwerk, and the order does not fall under related-party transactions.

As of 23 September 2026, Avantel Ltd share price closed at ₹146.17 per share, reflecting a decline of 0.37% from the previous trading session.

Conclusion

Avantel has picked up a ₹177.35 crore domestic order for satellite communication equipment from Zetwerk. The order is scheduled to be executed by March 2027.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Turn insights into action - Open Free Demat Account with Angel One and start investing instantly.

Published on: Sep 23, 2026, 5:29 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More