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Resistance/Support
Delivery and Volume
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Avantel Ltd Performance

Today's Low
106.15
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Today's High
110.45
52 Wk Low
31.47
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52 Wk High
140.00


Open

109.95

Traded Value (Cr)

4.74 Cr

Prev. Close

108.85

VWAP

107.69

Volume

4,42,499

Face Value

2

Avantel Ltd Fundamentals

Market Cap
₹ 2,671 Cr
P/E Ratio (TTM)
50.83
P/B Ratio
16.28
Debt to Equity
0.11
ROE
32.02 %
EPS (TTM)
2.16
Dividend Yield
0.18%
Book Value
6.75

Click here to know more about Fundamentals

Avantel Ltd Financials

Avantel Ltd Financials

Avantel Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Retail 49.68 % 49.49 % 48.93 % 47.98 %
Promoters 40.06 % 40.10 % 40.10 % 40.10 %
Others 10.25 % 10.41 % 10.96 % 11.92 %
FII 0.00 % 0.00 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Retail

49.68%

Promoters

40.06%

Others

10.25%

FII

0.00%

Mutual Funds

0.00%

Retail

49.49%

Promoters

40.10%

Others

10.41%

FII

0.00%

Mutual Funds

0.00%

Retail

48.93%

Promoters

40.10%

Others

10.96%

FII

0.00%

Mutual Funds

0.00%

Retail

47.98%

Promoters

40.10%

Others

11.92%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹109.57

PIVOT

resistance-arrow
Resistance
First Resistance₹111.133
Second Resistance₹113.417
Third Resistance₹114.983
support-arrow
Support
First Resistance₹107.283
Second Resistance₹105.717
Third Resistance₹103.433
RSI51.149
MACD0.718
ADX14.138
CCI-68.145

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day469,614283,22064.00
Week553,682357,93364.94
1 Month1,177,156839,03768.09
6 Months000.00

About Avantel Ltd

Avantel Ltd. (Formerly known Avantel Softech Ltd.) was incorporated on May 30, 1990. The Company was rechristened as Avantel Communications Pvt Ltd in Aug.'93 and later on ,converted into Public Ltd company in Dec.'94. The Company is presently engaged in manufacturing of wireless front-end, Satellite Communication, Embedded systems, Signal Processing,Network Management and Software Development and rendering related Customer Support Services, and having an in-house R&D facility at Vishakhapatnam, Andhra Pradesh. Avantel set out by designing, developing and manufacturing components needed by the wireless industry. Led by technocrat entrepreneurs, the company in a short span found itself producing not only the components but also RF and Microwave sub-systems for Defence labs and leading PSUs. Building on an early start an on the foundation of tested technology, it ventured into Multi Access Rural Radio (MARR) systems for DOT in the mid 90s. It has developed an Insat based C band Mobile Satellite Services (MSS) reporting terminal with technology from Space Applications Centre, Ahmedabad. This MSS terminal is a hand held device which can transfer information from any remote location - first of its kind in India. Its wireless division is also actively engaged in the manufacture of components for wireless systems like power amplifier, wireline couplers and cavity diplexers and sub-systems for microwave and satellite communications (SATCOM). The company having built core competency in the communication field ventured into and successfully developed Network Management Software for the HDSL equipment. It is now in the process of developing embedded software for a variety real time applications on a number of platforms. It has also developed and implemented a comprehensive MIS package to serve its in-house needs. The success of the package encouraged by the company to offer it to small and medium enterprises as an integrated ERP package. The software division is well positioned to offer enterprise-wide connectivity solutions through design and implementation LAN/VAN and internet technologies. It is coming out with a public issue of 13,38,500 equity shares of Rs.10/- each at a premium of Rs. 40/- per share aggregating Rs. 669.25 lacs to establish software development centre and for expanding the infrastructure facilities including R&D test equipment for communication products, computing equipments and software and also to improve communicative facilities to undertake major projects on a round the clock development basis for USA, European and South East Asian clients. During the year under review 1999-2000, in the RF/Microwave segment the company has successfully developed and delivered some niche import substitute products and has exported them also. The company was the only vendor to successfully execute DoT's orders for HSDL Pair-Gain Systems and has obtained a leadership position for the same. The company has incorporated a wholly owned subsidiary in Boston, U.S.A., under the name of Avantel Softech Inc. to focus on software development, particularly in the areas of e-commerce and e-business. The company has developed a strong base and expertise in the areas of wireless internet and multimdeia that has made it a potential technology and solutions development partner for global enterprise customers.The company has executed orders worth of Rs.8.6 crores for HDSL from BSNL(DOT). The company has also acquired 1196 Sq Yards of land near Hitech city at Madhapur,Hyderabad.During the year the company has started development centre at Hyderabad with about 60 work stations,5 NT Servers.2 Linux Server for application development including Rational enterprise Studio and multimedia software. During FY 2001-02, the Company developed and supplied variations of GPS integrated Mobile Satellite Services (MSS) reporting terminals in collaboration with Space Applications Centre, Ahmedabad. It also developed various earth station equipments like demodulators, down converters, modulators, transmitters, etc in various frequency bands. It acquired testing and assembling equipment worth Rs.2,5 lakhs, R&D equipment of Rs. 22.5 Lakhs and added computer networks valued at Rs. 7.32 Lakhs, of which approximately Rs. 5.66 Lakhs was on account of purchase of routers and computers from the wholly owned subsidiary. The Company established a new manufacturing unit on 0.93 acre of land at Gambheeram Industrial Park, Visakhapatnam, Andhra Pradesh in FY 2012-13. In FY 2013-14, the Company developed Satellite based Voice and Data Communication Terminals for Indian Defense Services; developed and supplied ship borne Integrated Data Communication terminals for Indian Navy and Indian Coast Guard; developed and supplied HUB Electronics for two sites for Indian Navy; developed and supplied MSS terminals for MR Aircrafts of Indian Navy; developed AIS Transponder; developed RTIS suitable for satellite migration and developed 30 MHz Transmit and Receive systems for NARL and ISRO.

Managing Director

A Vidyasagar

Founded

1990

NSE Symbol

Avantel Ltd Management

NameDesignation
A VidyasagarChairman & Managing Director
N NaveenNon-Exec. & Independent Dir.
Y KishoreNon-Exec. & Independent Dir.
A SaradaWhole Time Director & CFO
M Narayana RaoNon-Exec. & Independent Dir.
Abburi Siddhartha SagarWhole-time Director
Ramchander VyasabhattuIndependent Director
D Rajasekhara ReddyCompany Sec. & Compli. Officer

Avantel Ltd News

Avantel wins order of Rs 2.29 cr from Bharat Electronics
Avantel fixes record date for final dividend
Record date is 23 May 2024
Avantel to hold AGM
On 30 May 2024
Avantel consolidated net profit rises 26.17% in the March 2024 quarter
Sales decline 20.50% to Rs 41.76 crore
Avantel Ltd leads losers in 'B' group
Moschip Technologies Ltd, Weizmann Ltd, 5Paisa Capital Ltd and Archidply Decor Ltd are among the other losers in the BSE's 'B' group today, 25 April 2024.
Board of Avantel recommends Final Dividend
Of Rs.0.20 per share
Avantel Ltd Spikes 6.07%
Avantel Ltd has added 26.95% over last one month compared to 11.85% gain in S&P BSE Telecommunication index and 1.55% rise in the SENSEX
Avantel to announce Quarterly Result
On 25 April 2024
Avantel wins order of Rs 9.10 cr
Avantel wins purchase order of Rs 7.20 cr

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Avantel Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Avantel Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Avantel Ltd's share price is ₹107.10 as of May 9, 2024

Avantel Ltd's P/E ratio is 50.83 times as of May 9, 2024.

Avantel Ltd's most recent financial reports indicate a price-to-book ratio of 16.28, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Avantel Ltd's market is 2,671 Cr as on May 9, 2024.

The current financial records of Avantel Ltd show a 32.02% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Avantel Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Avantel Ltd's 52-week high and low as of May 9, 2024 are ₹110.45 and ₹106.15 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Avantel Ltd stands at 40.06%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 0.00% to 0.00%.