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Valiant Communications gains as its UK arm inks pact with Herbing Communicatii SRL

Valiant Communications Ltd. | Telecommunication - Equipment | Telecom | BSE: 526775 | NSE:

09 Jun 2015 Evaluate

Valiant Communications is currently trading at Rs 35.90, up by 0.70 points or 1.99% from its previous closing of Rs 35.20 on the BSE.

The scrip opened at Rs. 36.00 and has touched a high and low of Rs. 36.00 and Rs. 35.15 respectively. So far 2150 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 42.00 on 27-May-2015 and a 52 week low of Rs. 14.60 on 04-Jul-2014.

Last one week high and low of the scrip stood at Rs. 40.00 and Rs. 33.30 respectively. The current market cap of the company is Rs. 25.93 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 (UK), a wholly owned subsidiary of Valiant Communications, has reportedly signed pact with Herbing Communicatii SRL (Herbing) of Romania. As per the agreement, Herbing will offer communication equipment of the company to different utility sectors, including power, in Romania. Consequently, the initial commercial deployment has commenced for Transelectrica SA and Electrica Transilvania SA - major power utilities of Romania.

Valiant Communications has also signed a Memorandum of Understanding (MoU) with Webfil, a subsidiary of Andrew Yule & Co and an undertaking of the Government of West Bengal, wherein Webfil will offer and market the communication equipment of the company to different Indian utility sectors on non-exclusive basis.

Valiant Communications is an equipment manufacturer of telecom transmission equipment and solutions with installations in over 90 countries, worldwide. Valiant's technological strengths span a wide section of the telecom transmission area including Protection Switching solutions.

Valiant Communicatns Share Price

997.55 -5.80 (-0.58%)

17-Apr-2026 16:59 View Price Chart

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Valiant Communications gains as its UK arm inks pact with Herbing Communicatii SRL

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