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Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, mainly from the aerospace and defence sectors. The company’s consolidated net profit tanked 56.23% to Rs 3.23 crore in Q1 FY26, compared with Rs 7.38 crore posted in Q1 FY25. However, revenue from operations marginally increased by 0.29% year on year to Rs 51.91 crore in Q1 FY26.
Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company’s standalone net profit surged 24.86% to Rs 969.13 crore on a 5.19% rise in revenue from operations to Rs 4,416.83 crore in Q1 FY26 over Q1 FY25.
Shares of Avantel rose 0.28% to Rs 177.35, while shares of Bharat Electronics (BEL) fell 0.35% to Rs 410.85 on the BSE.
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RBL Bank, Oracle Financial Services Software, Angel One and HFCL shares are banned from F&O trading on 17 September 2025.
Stocks to Watch:
Lupin announced that the USFDA has concluded its inspection at the Nagpur facility with six observations. The inspection was conducted from September 8 to 16.
Avantel announced that it has received a purchase order worth Rs 9.92 crore for the supply of Satcom products from Garden Reach Shipbuilders.
Bharat Electronics stated that it has received additional orders worth Rs 712 crore since its last disclosure on September 1.
Procter & Gamble Health announced the appointment of Shashank Srowthy as executive director and chief financial officer, effective October 1. Lokesh Chandak has resigned from his position as director and chief financial officer, effective September 30, 2025.
Dr. Reddy's Laboratories, along with its subsidiary, has launched the novel molecule Tegoprazan in India. Tegoprazan is a patented treatment for acid-related gastrointestinal diseases.
Pidilite Industries has set 23 September 2025, as the record date for its bonus issue.
RailTel Corporation of India announced that it has received a letter of acceptance for an order worth Rs 57.5 crore from the Bihar Educational Infrastructure Development Corporation.
Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, mainly from the aerospace and defence sectors.
Garden Reach Shipbuilders & Engineers is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. GRSE is a diversified, profit making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard.