Mumbai, Nov. 25 -- Shares of Bharat Electronics added 1.39% to Rs 409.40 on the BSE.

The contract is scheduled for execution by March 2026.

The order requires a 5% Performance Bank Guarantee as part of its terms and conditions. The contract has been awarded by a domestic entity, and neither the promoters nor promoter group companies have any interest in the awarding entity. The deal does not fall under related-party transactions.

This order marks a strategic addition to the company's manufacturing and defense-related project portfolio.

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 ...