Introduction:
Telecom stock recently secured a ₹41 Crore contract from Tejas Networks to supply equipment to GETCO, underscoring its alignment with India’s major manufacturing initiatives and expanding its international presence.
Share Price movement of Valiant Communications:
On January 10, 2025, Valiant Communications Ltd. opened at ₹549.90, marking a 14% increase from its previous close of ₹545.15. The stock reached a high of ₹640.00 and a low of ₹535.05. By midday, it traded at ₹602.25, with a market cap of ₹459.40 crore.
Valiant Communications share price rise:
Valiant Communications has secured its largest order valued at ₹41 Crores from Tejas Networks, a Tata Group entity, to supply advanced equipment to the Gujarat Energy Transmission Corporation (GETCO). This significant contract emphasizes Valiant’s commitment to India’s national manufacturing initiatives.
CEO Inder Mohan Sood stated that the partnership with Tejas Networks aligns with the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives. The globally recognized equipment, including usage in a Swiss nuclear power plant, showcases Valiant’s reliability and growing influence in the international market.
Valiant’s active participation as L1 bidders in another GETCO project with Tejas Networks reinforces their role in substantial public sector projects. The successful execution of these projects could further cement Valiant’s market position, highlighting their strategic role in national development.
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Recent news About Valiant Communications :
On December 23, 2024, Valiant Communications Limited announced receiving a significant order worth INR 812 lacs from The Transmission Corporation of Andhra Pradesh (APTRANSCO). The contract involves supplying and commissioning communication and protection solutions, set to be executed by July 31, 2025.
Ace investor holding of Valiant Communications:
Sandeep Kumar Sawarmal Hisaria holds a significant stake in Valiant Communications Ltd., owning 1,16,571 shares, which represent 1.53% of the company. With the current stock price at ₹613.95, his holdings are valued at approximately ₹7.2 crore.
Usha Chandrasingh Mehta also holds a notable position in Valiant Communications Ltd., with 1,14,000 shares, accounting for 1.49% of the company. At the current share price of ₹613.95, her investment is worth around ₹7.0 crore.
Stock performance of Valiant Communications for Period of 1 week, 6 months and 1 year:
Over the past week, Valiant Communications experienced an 8.33% drop in stock value. The 6-month performance also showed a decline of 16.4%. Despite these recent dips, the company’s stock has impressively risen by 81.3% over the past year, indicating some market volatility.
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Shareholding pattern of Valiant Communications:
| Summary | Sep-24 | Jun-24 | Mar-24 |
| Promoter | 41.80% | 42.70% | 43.10% |
| FII | 0.20% | 0.20% | 0.20% |
| DII | 0.80% | 0.80% | 1.10% |
| Public | 57.20% | 56.30% | 55.70% |
About Valiant Communications:
Valiant Communications specializes in advanced communication, protection, and synchronization equipment. Their products are integral to various sectors, including defense and energy, highlighting their commitment to India’s ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives, and achieving recognition on a global scale.
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.
