Valiant Communications touches roof on inking MoU with CXR Anderson Jacobson SAS
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Valiant Communications is currently trading at upper limit of Rs. 426.15, up by 20.25 points or 4.99% from its previous closing of Rs. 405.90 on the BSE.
The scrip opened at Rs. 426.15 and has touched a high and low of Rs. 426.15 and Rs. 426.15 respectively. So far 8402 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 439.70 on 06-Feb-2024 and a 52 week low of Rs. 111.25 on 22-Mar-2023.
Last one week high and low of the scrip stood at Rs. 426.15 and Rs. 368.70 respectively. The current market cap of the company is Rs. 307.83 crore.
The promoters holding in the company stood at 45.52%, while Institutions and Non-Institutions held 0.98% and 53.49% respectively.
Valiant Communications has entered into a Memorandum of Understanding (MoU) with CXR Anderson Jacobson SAS, France, to facilitate CXR France to market Valiant’s range of cyber security products and solutions to CXR customers in France, as well as in the neighboring European countries and to other French speaking regions in North Africa.
Valiant Communications is an equipment manufacturer of telecom transmission equipment and solutions with installations in many countries, worldwide. Valiant's technological strengths span a wide section of the telecom transmission area including Protection Switching solutions.
