Avantel Share Price 24 January 2024: All You Need to Know! ๐ฐ๐
Avantel Limited, a leading defense and communication company, is currently offering strong returns for investors in the stock market. With recent orders worth 5.3 crores from the Indian Navy, Avantel Limited is proving to be a lucrative investment opportunity.
๐ Avantel Limited received a significant order of 5.3 crores from the Indian Navy for the supply of vital communication equipment.
๐ This comes after the company secured a 68 crores project from New Space India for the establishment of a satellite terminal.
๐ In the past six months, Avantel Limited’s shares have provided investors with a remarkable 132% return.
๐ On Tuesday, January 23, 2024, Avantel Ltd’s shares were trading at 129.95 rupees, showing a 6.43% increase.
๐ However, on Wednesday, January 24, 2024, the share price experienced a slight dip of 1.04% and was trading at 128 rupees.
๐ข Avantel Limited specializes in the design and development of high-power broadband, wireless satellite communication, and broadband access technologies.
๐ The company also provides services in the integration of design and development of wireless and access products with proprietary software tools.
๐ฐ Over the past three years, Avantel Limited’s shares have given investors a remarkable 1600% return.
๐ In the last month alone, the company’s share price has seen a 7% increase.
๐ The share price of Avantel Limited has witnessed a staggering 343% growth from 27.58 rupees to its current price.
๐ช During the COVID-19 pandemic, the share price of Avantel Limited was trading at a mere 2.81 rupees. This means that investors who bought shares at that time have seen their investment grow by over 4000%.
๐ The total market capitalization of Avantel Limited stands at 2,970 crores.
๐ The 52-week high for Avantel Limited’s shares was 136 rupees, while the lowest point was 24.20 rupees.
With such impressive growth and the recent orders from the Indian Navy and New Space India, investing in Avantel Limited shares seems like a promising opportunity for strong returns.
So, if you’re looking to make good profits in the stock market, consider buying Avantel Limited shares and ride the wave of success! ๐ช๐ฐ๐
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
