{"id":107886,"date":"2023-08-24T12:33:58","date_gmt":"2023-08-24T07:03:58","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=107886"},"modified":"2023-08-24T13:22:06","modified_gmt":"2023-08-24T07:52:06","slug":"small-cap-stock-gains-8-8-after-company-receives-an-order-worth-13-30-cr-from-bel","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-stock-gains-8-8-after-company-receives-an-order-worth-13-30-cr-from-bel\/","title":{"rendered":"Small-cap stock gains 8.8% after company receives an order worth \u20b9 13.30 Cr from BEL"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3539041777\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This small-cap stock soars 8.8% after receiving an order worth Rs. 13.30 Cr. The robust and rising volume, which is higher than averages from the previous day, is helping to support the stock price and this stock is currently trading above both the 50-day and 200-day moving averages.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1757606597\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-avantel-ltd\"><strong>Avantel Ltd<\/strong><\/h4><p>On Thursday the company shares opened at Rs. 241 and currently trading 8.8% up at Rs. 255.95 and the stock reached a new 52-high at Rs. 259.95 on the same day. The company belongs to a small-cap category,&nbsp; with a market capitalisation of Rs. 2,073 Cr.<\/p><p>The company has a purchase order for Rs. 13.30 Cr. from Bharat Electronics Limited for the delivery of PA Modules, according to the company filing and it is anticipated that the order will be executed by April 23, 2024.&nbsp;<\/p><p>The stock delivered 400% returns in one year, therefore making an investment of 1 lakh one year ago now would be worth 5 lakhs.<\/p><div class=\"trade-content_5\" id=\"trade-2569908738\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per the company filing, the company\u2019s total consolidated revenue grew by 155% YoY from Rs. 24.10 Cr in Q1 FY23 to Rs. 69.15 Cr in Q1 FY24, for the same period net profits increased by 82% YoY from Rs. 4.38 Cr to 8.01 Cr.<\/p><p>Promoters hold 40.10%, the Public hold 59.87% and DIIs hold a 0.03% stake in this company as of June 2023.<\/p><p>Avantel Ltd. The company produces and markets wireless communication products and solutions, two-way voice\/data terminals, real-time train information systems, customised solutions for INSAT-based mobile satellite services, and other telecom products and services.<\/p><p><strong>Written by Sheshadri N<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-240703048\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This small-cap stock soars 8.8% after receiving an order worth Rs. 13.30 Cr. The robust and rising volume, which is higher than averages from the previous day, is helping to support the stock price and this stock is currently trading above both the 50-day and 200-day moving averages.\u00a0 Avantel Ltd On Thursday the company shares [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":68963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31],"tags":[],"class_list":["post-107886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small-cap stock gains 8.8% after company receives an order worth \u20b9 13.30 Cr from BEL - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This small-cap stock soars 8% after receiving an order worth Rs. 13.30 Cr. 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