Introduction:
Leading telecom equipment provider has secured an export order worth ₹700 lakh from USA and European Power Utilities. The contract involves supplying communication, protection, and synchronization solutions, with execution planned by July 2025 and beyond as per site readiness.
Share price movement of Valiant Communications:
On March 26, 2025, Valiant Communications Ltd opened at ₹403.90, up 4.29% from its previous close of ₹387.30. The stock reached a high of ₹415.00 (7.15%) and a low of ₹390.00. By 1:14 PM, it traded at ₹405.00, a 4.57% increase, with a market cap of ₹308.94 crore.
Valiant Secures ₹700 Lakh Export Order:
Valiant Communications Limited has received export orders worth ₹700 lakh from USA and European power utilities. The order involves supplying communication, protection, and synchronization solutions as per the technical requirements of the customers.
The contract, valued at approximately USD 811,000, will be executed in phases, with USD 500,000 set for completion by July 31, 2025. The remaining amount will be supplied based on site readiness as advised by the end-user.
This international order marks a significant milestone for Valiant Communications, strengthening its global presence. The company confirmed that neither the promoter group nor related party transactions are involved in the awarded contract.
Stock performance of Valiant Communications for Period of 1 week, 6 months, and 1 year:
Valiant Communications Limited delivered a 14.6% return over the past week, but declined by 43.1% in the past six months. Over the past year, it registered a modest gain of 3.18%.
Also Read: Large cap stock jumps after receiving order worth ₹15,000 Cr for its offshore hydrocarbon business
Shareholding pattern of Valiant Communications:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 41.80% | 41.80% | 42.70% |
FII | 0.20% | 0.20% | 0.20% |
DII | 0% | 0.80% | 0.80% |
Public | 58.00% | 57.20% | 56.30% |
About Valiant Communications:
Valiant Communications Ltd (BSE: 526775), established in 1993, specializes in manufacturing communication equipment for power and other utilities. The company also offers allied services, catering to the needs of critical infrastructure sectors globally.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.