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Valiant Communications trades jubilantly on inking distribution pact with AXPO Power AG

26 Dec 2017 Evaluate

Valiant Communications is currently trading at Rs. 83.00, up by 5.90 points or 7.65% from its previous closing of Rs. 77.10 on the BSE.

The scrip opened at Rs. 80.45 and has touched a high and low of Rs. 84.00 and Rs. 77.55 respectively. So far 9583 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 115.00 on 03-May-2017 and a 52 week low of Rs. 65.00 on 26-Oct-2017.

Last one week high and low of the scrip stood at Rs. 84.00 and Rs. 68.00 respectively. The current market cap of the company is Rs. 58.08 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 entered into distribution agreement with Swiss major AXPO Power AG for its power utility products and solutions. The company’s power utility products and solutions has also been approved by Eastern European power utilities namely, Transelectrica and Electrica Transilvania, Romania and TEIAS, Turkey. The company is now focusing on development of business partners in different regions as its long?term business development strategy.

Valiant Communications is a manufacturer and exporter of a wide range of communication equipment. It provides communications equipment and solutions for Power Utilities, Oil & Gas Utilities, Railways/Metro Rail Networks, Airport Communications and Defence Networks.

Valiant Communicatns Share Price

997.55 -5.80 (-0.58%)
17-Apr-2026 16:59 View Price Chart
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