The buying on the counter came after the company received a purchase order worth ₹19.33 crore for the service of Satcom Products from Larsen & Toubro (L&T)
Avantel shares rose 5 per cent after it received orders worth nearly ₹10 crore from Garden Reach Shipbuilders Ltd.
Defence stocks look promising due to the ongoing geopolitical tussle between Iran and Israel; moreover, the Indian government is likely to enhance defence spending over the next decade.
Avantel rose rose over 7 per cent after the firm bagged multiple orders totalling ₹24.73 crore from domestic entities
Avantel share price rises 3 per cent ahead of the ex-dividend date and after the company arm Imeds Global set up a facility in Andhra Pradesh
Stocks to Watch Today, June 11: Tolins Tyres, Solarium Green Energy, Wipro, Avantel, RailTel,Vodafone Idea, and Popular Vehicles are some of the top stocks to watch today