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Valiant Communications shines on entering into contract with Power Grid

20 Apr 2015 Evaluate

Valiant Communications is currently trading at Rs. 31.00, up by 1.35 points or 4.55% from its previous closing of Rs. 29.65 on the BSE.

The scrip opened at Rs. 30.00 and has touched a high and low of Rs. 31.95 and Rs. 30.00 respectively. So far 21970 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.00 on 17-Apr-2015 and a 52 week low of Rs. 12.70 on 16-May-2014.

Last one week high and low of the scrip stood at Rs. 32.00 and Rs. 24.40 respectively. The current market cap of the company is Rs. 22.36 crore.

The promoters holding in the company stood at 42.10% while Institutions and Non-Institutions held 0.05% and 57.84% respectively.

Valiant Communications has entered into a prestigious contract with Power Grid Corporation of India, to supply, installation and commissioning of Digital Tele-protection Coupler (DTPC) / Digital Protection Signaling equipment for supply in India.

Valiant Communications is an equipment manufacturer of telecom transmission equipment and solutions with installations in over 90 countries, worldwide.

 

Peers
Company Name CMP
Black Box 800.80
ITI 262.70
Tejas Networks 553.20
Quadrant Televenture 0.67
Valiant Communicatns 1323.50
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