Avantel Ltd. is currently down 0.92% to Rs 143.98, extending a recent decline that has seen the stock fall 4.19% over the last one week.
Avantel Limited announced it has received a purchase order from Larsen & Toubro Limited, dated October 9, 2026, for comprehensive annual maintenance of Satcom equipment, valued at Rs 12.04 Crores (inclusive of applicable taxes), with the work expected to be completed by October 2028. The order, considered a domestic service engagement, does not involve any related party transactions or interest from promoters, promoter groups, or group companies.
Trading volume reached 7.41 lakh shares today, representing a 40.1% decrease compared to the average volume over the past week. Avantel Ltd. plunged 30.52% year-over-year, underperforming the 10.57% loss recorded by the NIFTY50 index.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: