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ITInfrastructureHigh impactAfter close

Avantel secures ₹460 cr contract for railway tracking system

after close1 source ↓written by the desknot a recommendation

contract from Zetwerk
₹459.9 cr
of Avantel rose
7.60%
on the BSE
₹130.20

Avantel has secured a ₹459.9 cr contract from Zetwerk for the supply and AMC of 12,000 RTIS devices for Indian Railways. This three-year project aims to enhance railway operations through real-time tracking, leveraging satellite technology.

Shares of Avantel rose 7.60% to ₹130.20 on the BSE following the announcement, reflecting positive market sentiment around this significant contract.

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 26 Mar 2026, 16:06 IST.

Sourcesnews.google.com

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 16:06 IST on 26 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
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Source NSE UDiFF bhavcopy · AVANTEL on the desk →

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