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Avantel bags order worth Rs 170.4 mn from Antrix Corp
Source: IRIS | 25 Apr, 2014, 11.41AM
Rating: NAN / 5 stars.
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Avantel, engaged in manufacturing of telecom products and providing software development services, announced on Thursday that the company has bagged an order worth Rs 170.4 million from Antrix Corporation for supply of UHF Satcom Systems-Airborne.

Antrix Corporation is an Indian government company under of Department of Space.

Shares of the company gained Rs 4.75, or 9.94%, to trade at Rs 52.55. The total volume of shares traded was 1,643 at the BSE (11.06 a.m., Friday).

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