Valiant Communications zooms on bagging order worth Rs 7 crore
Valiant Communications is currently trading at Rs. 410.40, up by 23.10 points or 5.96% from its previous closing of Rs. 387.30 on the BSE.
The scrip opened at Rs. 403.90 and has touched a high and low of Rs. 415.00 and Rs. 390.00 respectively. So far 13110 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 732.20 on 13-Aug-2024 and a 52 week low of Rs. 322.05 on 11-Mar-2025.
Last one week high and low of the scrip stood at Rs. 424.00 and Rs. 345.00 respectively. The current market cap of the company is Rs. 313.06 crore.
The promoters holding in the company stood at 41.83%, while Institutions and Non-Institutions held 0.16% and 58.01% respectively.
Valiant Communications has bagged order worth Rs 7.00 crore ($811,000) from USA and European Power Utilities for supply of communication, protection and synchronization solutions as per the technical requirements. The order worth $500,000 is to be executed by July 31, 2025 and the balance to be advised by the customer on the site readiness of the End-user.
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.
