Bengaluru, June 23 -- This small-cap Defence Stock, engaged in designing, developing, and manufacturing advanced communication, defence electronics, and satellite systems for defence, space, and government sectors in India, jumped 6 percent after receiving multiple orders worth Rs. 25 crore from DRDO and Mazagon Dock Shipbuilders Limited.

With a market capitalization of Rs. 4,332.13 crores, the share of Avantel Limited has reached an intraday high of Rs. 164.90 per equity share, rising nearly 6.39 percent from its previous day's close price of Rs. 155.

Since then, the stock has retreated and is currently trading at Rs. 163.50 per equity share. Over the last month, the stock has delivered an impressive return of more than 27.59 percent....