New Delhi, March 25 -- Avantel share price jumped over 14% in early trade on Wednesday after the company announced receipt of a significant order. The small-cap stock surged as much as 14.8% to Rs.138.90 apiece on the BSE.
The rally in Avantel share price today was supported by strong trading volumes. Around 77 lakh equity shares of the company were exchanged on BSE and NSE on March 25, as compared with its one week average trading volumes of 16 lakh shares, and one month average volumes of 13 lakh shares.
Aerospace and defence company, Avantel said it received a contract worth Rs.459.90 crore from Zetwerk Manufacturing Businesses Limited.
The order is for the supply of Satellite Communication Equipment, along with one year comprehensi...
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