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Ava Risk Group Secures Contract with GAIL for Indian Gas Pipeline

Story Highlights
  • Ava Risk Group secured a contract with GAIL to deploy fibre sensing technology.
  • The contract enhances security for a critical Indian gas pipeline, strengthening Ava’s industry position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Ava Risk Group Ltd. ( (AU:AVA) ) has shared an announcement.

Ava Risk Group has secured a contract with GAIL (India) Limited to deploy its fibre sensing technology along a critical gas pipeline in India, valued at A$0.9 million. This deployment will enhance the security of the Kochi–Koottanad–Bangalore–Mangalore pipeline, a vital infrastructure project connecting South India to the national gas grid. The contract underscores Ava’s competitive advantage in rapid deployment and strengthens its position as a trusted provider of critical infrastructure protection in the energy sector.

The most recent analyst rating on (AU:AVA) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Ava Risk Group Ltd. stock, see the AU:AVA Stock Forecast page.

More about Ava Risk Group Ltd.

Ava Risk Group is a global leader in providing technologies and services to protect critical and high-value assets and infrastructure. It operates in three business segments: Detect, Access, and Illuminate. The Detect segment focuses on smart fibre optic sensing systems for security and condition monitoring across various applications. The Access segment specializes in high-security biometric readers and electronic locking products, while the Illuminate segment develops illuminators and cameras. Ava Risk Group’s products and services are trusted by commercial, industrial, military, and government clients worldwide.

Average Trading Volume: 224,038

Technical Sentiment Signal: Sell

Current Market Cap: A$27.59M

See more data about AVA stock on TipRanks’ Stock Analysis page.

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