Avantel Ltd (532406)

₹114▲0.48%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Avantel Ltd share Performance

₹112.1
₹117
₹114
1.67%
Low
Day's Volatility:4.30%
High
2.63%
₹31
₹140
₹114
72.81%
Low
52 Weeks Volatility:95.61%
High
22.81%

Returns %
1 Month Return	2.31 %
3 Month Return	-0.18 %
1 Year Return	253.93 %

Market Stats
Previous Close	₹114.55
Open	₹115.85
Volume	6.40L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹2,786.65Cr

Company Information

Avantel Ltd is a leading global provider of communication solutions, founded in 2001 and headquartered in Bangalore, India. The company specializes in providing world-class telecom solutions for businesses across the globe. Avantel's operations span a variety of lines of business, including enterprise solutions, product engineering, managed services, and customer support.

Avantel's top products include enterprise-grade communication solutions, such as IP PBX systems, VoIP gateways, and cloud telephony solutions. Avantel's popular brands include Avaya, Cisco, and Polycom, as well as its own Avantel-branded solutions. Avantel is committed to delivering reliable, cost-effective communication solutions that enable businesses to stay connected with their customers and colleagues.

Share Price: ₹114.00 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹2,786.65Cr as of today
Revenue: ₹41.76Cr as on March 2024 (Q1 24)
Net Profit: ₹12.15Cr as on March 2024 (Q1 24)
Listing date: 01 Jan, 0001
Chairperson Name: A Vidyasagar

Organisation	Avantel Ltd
Headquarters	Hyderabad
Industry	Telecomm Equipment & Infra Services
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Key events for Avantel Ltd

Avantel Q4 Results Show Decrease in Topline but Increase in Profit - 27 Apr, 2024
Avantel Ltd's Q4 results show a decrease in topline but an increase in profit YoY. The company declared a final dividend of ₹0.2 with an ex-dividend date of 22 May, 2024. Currently, Avantel has a market cap of ₹2714.64 Cr and 52wk high/low of ₹140 & ₹31 respectively. Avantel delivered positive returns in the last 1 week and 6 months.
Avantel Q4 Net Profit Rises 25%, Revenue Falls; Board Recommends Dividend - 25 Apr, 2024
Avantel Ltd reported a 25% YoY increase in Q4 net profit to Rs 12.1 crore, while revenue fell to Rs 41.76 crore. The board recommended a final dividend of Rs 0.20 per equity share. However, the stock dropped 17.34% to Rs 105.55 after the earnings announcement.
Avantel Ltd Rises 6.07% to Trade at Rs 130 - 24 Apr, 2024
Avantel Ltd has added 26.95% over the last month compared to a gain of 11.85% in S&P BSE Telecommunication index and 1.55% rise in the SENSEX. The stock hit a record high of Rs 140 on 23 Jan 2024, with 2 lakh shares traded on the BSE so far today.
Avantel Ltd Shares Gain on Order from Naval Aviation, Goa - 22 Apr, 2024
Avantel Ltd gained nearly 2.5% after receiving an order worth ₹1.84 crore from Naval Aviation, Goa. The company experienced significant growth in annual revenue and net profit. It plans to establish a new capacity for medical devices with planned capex of ₹25 crore. Avantel shares gained 12% in the last six months and multibagger returns of 241% in the last 12 months.

Fundamentals of Avantel Ltd

Insights on Avantel Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Price Rise
In the last 1 year, Avantel stock has moved up by 253.9%
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 59.88% to 59.94% in Mar 2024 quarter
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 40.10% to 40.06% in Mar 2024 quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 16.32 Cr → 12.15 Cr (in ₹), with an average decrease of 25.6% per quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 59.68 Cr → 42.22 Cr (in ₹), with an average decrease of 29.3% per quarter