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Valiant Communications shines on inking Teaming Agreement with Fibcom

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

22 Dec 2015 Evaluate

Valiant Communications is currently trading at Rs. 117.20, up by 6.30 points or 5.68% from its previous closing of Rs. 110.90 on the BSE.

The scrip opened at Rs. 111.00 and has touched a high and low of Rs. 119.00 and Rs. 111.00 respectively. So far 58256 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.00 on 02-Dec-2015 and a 52 week low of Rs. 19.50 on 20-Jan-2015.

Last one week high and low of the scrip stood at Rs. 116.90 and Rs. 98.10 respectively. The current market cap of the company is Rs. 82.93 crore.

The promoters holding in the company stood at 42.31% while Institutions and Non-Institutions held 0.05% and 57.63% respectively.

Valiant Communications has signed a comprehensive Teaming Agreement with Fibcom India, a reputed manufacturer of SDH Mux and other technology products.

Under the aforesaid Teaming Agreement, Fibcom shall, in its existing and forthcoming projects, deploy/ offer the entire range of products portfolios of Valiant including El PDH Mux, DACS and GNSS (Satellite) Time Synchronization equipment across the utility sectors, namely, Power, Telecom, Dedicated Freight Corridor Corporation of India for Indian Railways.

The scope of aforesaid Teaming Agreement also includes to explore the possibility of bidding for projects on a turnkey basis such as Power Sub-Stations, the merits of which shall be evaluated and determined by both the parties collectively. Furthermore, while competing with some big MNCs, both the Indian manufacturer companies are also expected to have an additional benefit under the ‘Preferential Market Access Policy’ of Govt. of India, in their joint efforts.

Valiant Communications is a manufacturer and exporter of a wide range of communication equipment, with successful installations in over 100 countries. Valiant provides communications equipment and solutions for Power Utilities, Oil & Gas Utilities, Railways/Metro Rail Networks, Airport Communications and Defence Networks.

Valiant Communicatns Share Price

942.50 7.10 (0.76%)

24-Apr-2026 15:46 View Price Chart

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Valiant Communications shines on inking Teaming Agreement with Fibcom

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