Bengaluru, July 2 -- A notable player in India's defence and communication technology space is making headlines again, this time with a fresh domestic purchase order worth Rs. 5.97 Crore.

With a current market capitalization of Rs. 4,249 crore, the shares of Avantel limited opened today at Rs.165.10 up from its previous close of Rs.163.87. The market has responded swiftly to the news, indicating rising investor interest in companies catering to India's evolving defence and digital communication landscape.

Avantel Limited, operating in the defence and communication technology space has secured a purchase order worth Rs. 5.97 crore from Goa Shipyard Limited, a state-owned enterprise. The order involves the supply, installation, and commis...