Avantel Limited (AVANTEL.BO)
Avantel Limited operates in the Communication Equipment industry of the Technology sector, headquartered in Hyderabad, TS, IN. The stock last traded at $158.55, down 1.06% on the session, giving a market capitalisation of $42.13B. Its beta of 0.14 implies it has historically moved less than the broad market.
Avantel Limited, headquartered in Hyderabad, India, is a technology firm primarily engaged in the development, manufacturing, and sale of telecommunication products and related services. Its diverse portfolio encompasses a range of advanced solutions, including sophisticated HF (High Frequency) software-defined radios and comprehensive HF communication systems. The company also specializes in satellite communication solutions, offering vital services like Mobile Satellite Services (MSS) networks that provide secure voice and data connectivity to maritime vessels, submarines, aircraft, and helicopters, alongside UHF SATCOM networks. Further offerings extend to radar systems, network management systems paired with application software, and expertise in embedded systems and digital signal processing solutions. Beyond these, Avantel develops specialized systems such as wind profile radars, a real-time information system crucial for Indian Railways, ERM-SAT systems, and solutions for ocean and tide gauge applications. They also create visual databases essential for aircraft simulators. To support its manufacturing prowess, Avantel maintains robust engineering and testing facilities. These include a wide array of RF test equipment, such as spectrum analyzers, network analyzers, vector signal generators, and radio communication test sets, alongside comprehensive testing and assembly capabilities. Its advanced engineering infrastructure boasts CNC vertical machining centers, 3D printing facilities, injection molding, and various precision grinding and drilling machines. Additionally, the company diversifies its operations by manufacturing and selling healthcare products. Established in 1990, Avantel Limited continues to innovate from its base in Hyderabad.
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