Avantel hits record high after order win.

Avantel jumped 7.44% to Rs. 728 after the company said it received an order worth $19,80,000 from Lockheed Martin Corporation for supplying Satcom equipment.Shares of Avantel have jumped 38% in nine sessions from its previous closing low of Rs. 528.8 on 2 July 2021. The stock hit a record high of Rs. 748.95 in intraday today. The stock is up 127.5% from its 52-week low of Rs. 320 posted on 31 July 2020.

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

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