Valiant Communications is locked at upper circuit limit at Rs. 89.15, up by 8.10 points or 9.99% from its previous closing of Rs. 81.05 on the BSE.
The scrip opened at Rs. 79.70 and has touched a high and low of Rs. 89.15 and Rs. 77.10 respectively. So far 17,000 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 136.10 on 24-Dec-2015 and a 52 week low of Rs. 20.10 on 31-Mar-2015.
Last one week high and low of the scrip stood at Rs. 89.15 and Rs. 75.50 respectively. The current market cap of the company is Rs. 64.04 crore.
The promoters holding in the company stood at 42.14% while Institutions and Non-Institutions held 0.05% and 57.81% respectively.
Valiant Communications has introduced its range of Frequency, Phase and the Time synchronization range of products with its GPS / GNSS based Primary Reference Clock with integrated IEEE-1588v2 PTP Grandmaster and NTP Server for installation at cell-sites to provide a comprehensive solution which shall improve ‘Mobile Network Performance’ and ‘Reduce Call Drops’.
The company’s solution includes an ITU-T G.811 Primary Reference Clock for cell-sites so that an independent reference clock is available at cell sites to provide a phase synchronized Primary Reference Clock that is within a +/-0.005ppm (i.e. which is 10 times better than the required) network tolerance. These advanced techniques of network synchronization will be able to support not only support 4G LTE networks (10 times faster than 3G) but also newly developing 5G standard (5th generation mobile networks or 5th generation wireless systems).
The Valiant solution will be able to provide Frequency, Phase and the Time synchronization solutions for all types of mobile networks and technologies to meet the synchronization requirements of, and to service all types of mobile communication networks in existence. Valiant has also recently successfully completed Synchronization Audit for Ericsson India at 2 sites in Assam for improvement in Mobile Network Performance. Additional field trails are in the process of being conducted on a PAN India basis. Valiant's GPS / GNSS based Time and Frequency synchronization solutions are also being sold to international customers.
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