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Avantel secures ₹459.90 crore contract, shares jump 12%

after close1 source ↓written by the desknot a recommendation

after securing
12%
contract from Zetwerk
₹459.90 crore
morning session
25 Mar 2026
is trading
₹134

Avantel's shares surged up to 12% after securing a ₹459.90 crore contract from Zetwerk Manufacturing Businesses Limited. The contract involves supplying satellite communication equipment and support services. As of the morning session on 25 Mar 2026, Avantel's share price is trading at ₹134.

This contract is expected to enhance Avantel's revenue stream, contributing positively to market sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 25 Mar 2026, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

AVANTEL closed −4.6% on the day of the news, from ₹130.09 to ₹124.12; Nifty −2.1% over the same session.

Bulletin at 16:07 IST on 25 Mar 2026. Every change is measured from ₹130.09, the last close before it, on 25 Mar. Nifty 50 is measured over the same sessions.

  • AVANTEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
AVANTEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it105.95130.09154.23axis spans 46%before the news · 25 Mar130.09Nifty 50AVANTELbulletinD0+1+3+519 Mar2 Apr15 AprReference close ₹130.09. 16 sessions from 19 Mar to 15 Apr; the price axis spans 46 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before25 Mar₹130.09basebase
On the day27 Mar₹124.12▼ −4.6%▼ −2.1%−2.5 pp difference
+1 session30 Mar₹126.56▼ −2.7%▼ −4.2%+1.5 pp difference
+3 sessions2 Apr₹134.09▲ +3.1%▼ −2.5%+5.6 pp difference
+5 sessions7 Apr₹136.03▲ +4.6%▼ −0.8%+5.3 pp difference
Gap at the open, % · ₹
▼ −0.3%−0.33 on 27 Mar
Day's range, % · ₹
4.9%≈ 6.4 high to low
Volume on the day
1.29×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · AVANTEL on the desk →

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