Gurugram based Avantel specialises in manufacturing wireless front-end satellite communication systems, signal processing, network management, and software development
Avantel registered a decline of 8.75 per cent year-on- year (Y-o-Y) at Rs 7.3 crore in net profits for the June quarter of FY25 versus Rs 8 crore reported in Q1FY24
Shares of Avantel hit a new high of Rs 223.80, up 9% in intra-day trade on Tuesday; the stock has surged 21% in past three trading days.