Valiant Communications is currently trading at its upper limit of Rs. 30.85, up by 1.45 points or 4.93% from its previous closing of Rs. 29.40 on the BSE.
The scrip opened at Rs. 30.45 and has touched a high and low of Rs. 30.85 and Rs. 28.25 respectively. So far 42141 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 31.55 on 27-Jan-2020 and a 52 week low of Rs. 14.20 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 30.85 and Rs. 26.10 respectively. The current market cap of the company is Rs. 22.25 crore.
The promoters holding in the company stood at 46.28%, while Non-Institutions held 53.71% stake in the company respectively.
Valiant Communications has received orders for supply and commissioning of its communication, transmission and synchronization solutions from European and Asian Power Utilities.
The total value of the orders is Rs 803 lakh, out of which Rs 706 lakh are export orders and balance are for the Indian market. The orders are to be executed within the next 60 days.
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.
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