Avantel shares jump 10% after Q1 profit surges 67% YoY, revenue climbs 36%

Avantel shares rose sharply on Monday after the company reported robust June quarter earnings, with revenue rising 36% year-on-year to Rs 70.42 crore and net profit jumping 67% to Rs 5.39 crore. The stock traded above all key moving averages, while FIIs increased their stake during the June 2026 quarter.

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