{"id":144349,"date":"2025-02-04T16:22:20","date_gmt":"2025-02-04T10:52:20","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144349"},"modified":"2025-02-04T16:22:22","modified_gmt":"2025-02-04T10:52:22","slug":"stock-jumps-4-after-receiving-order-from-isro-for-wind-profiler-radar","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-order-from-isro-for-wind-profiler-radar\/","title":{"rendered":"Stock jumps 4% after receiving order from ISRO for Wind Profiler Radar"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2286290807\"><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>The shares of the Defence company specializing in the business of designing, developing, and maintaining wireless and satellite communication products jumped upto 4 percent upon receiving a work order from Satish Dhawan Space Centre \u2013 ISRO for Rs. 5.81 crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1060115972\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of Rs. 3,111.13 crores on Tuesday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/AVANTEL\" target=\"_blank\" rel=\"noreferrer noopener\">Avantel Limited<\/a><\/strong> jumped upto 4 percent making a high of Rs. 132.35 per share compared to its previous closing price of Rs. 127.15\u00a0 per share.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Avantel Limited specializing in the business of designing, developing, and maintaining wireless and satellite communication products has received a domestic work order for Rs. 5.81 crores from Satish Dhawan Space Centre \u2013 SHAR, ISRO.<\/p><p>The order is an Annual Maintenance Contract for Wind Profiler Radar which is to be executed on January 2030.<\/p><div class=\"trade-content_5\" id=\"trade-1496255379\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Avantel Limited is a leading technology solutions provider specializing in communication, aerospace, and defense systems. The company offers innovative products and services in areas like satellite communication, radar systems, and more. With a strong focus on quality, Avantel is ISO-certified and serves both domestic and international clients.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Revenue Segmentation (FY23-24)<\/strong><\/h2><p>The company\u2019s revenue is mainly concentrated in Communications and signal-processing Products in which it contributed Rs. 225.2 crore in FY24 compared to Rs. 154.7 crore in FY23 and from Healthcare it contributed Rs. 0.57 crore in FY24 compared to Rs. 0.18 crore in FY23.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s revenue rose by 19.2 percent from Rs. 59.69 crore to Rs. 71.19 crore in Q3FY24-25. Meanwhile, Net profit rose from Rs.16.32 crores to Rs. 20.08 crores in Q3FY24-25.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong>&nbsp;<\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-2356231705\"><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>The shares of the Defence company specializing in the business of designing, developing, and maintaining wireless and satellite communication products jumped upto 4 percent upon receiving a work order from Satish Dhawan Space Centre \u2013 ISRO for Rs. 5.81 crores.&nbsp; Price action With a market capitalization of Rs. 3,111.13 crores on Tuesday, the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[18071,9996,9995,6247,948,936,2597,9997],"class_list":["post-144349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-avantel","tag-avantel-latest-news","tag-avantel-share-price","tag-defence-stock","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-why-is-avantel-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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