TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Avantel Limited ( (IN:AVANTEL) ) just unveiled an announcement.
Avantel Limited has received in-principle approval from BSE Limited and the National Stock Exchange of India Limited to proceed with a Rights Issue of fully paid-up equity shares. The company’s Board of Directors will meet on May 1, 2025, to finalize details such as the record date, price, and entitlement ratio, marking a significant step in its capital-raising efforts.
More about Avantel Limited
Avantel Limited operates in the technology sector, focusing on the development and provision of communication and information technology solutions. The company is known for its innovative products and services that cater to various market needs, including defense and aerospace industries.
YTD Price Performance: -26.78%
Average Trading Volume: 216,963
Current Market Cap: 28.61B INR
For a thorough assessment of AVANTEL stock, go to TipRanks’ Stock Analysis page.