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Kavveri Telecom in demand on inking pact with 8th operator

19 Sep 2011 Evaluate

Kavveri Telecom Products is currently trading at Rs 143.30, up by 7.90 points or 5.83% from its previous closing of Rs 135.40 on the BSE.

The scrip opened at Rs 138.40 and has touched a high and low of Rs 145.90 and Rs 134.05 respectively. So far 54057 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 190.00 on 08-Jul-2011 and a 52 week low of Rs 101.10 on 09-Dec-2010.

Last one week high and low of the scrip stood at Rs 151.00 and Rs 127.00 respectively. The current market cap of the company is Rs 228.41 crore.

The promoters holding in the company stood at 37.17% while Institutions and Non-Institutions held 14.41% and 48.42% respectively.

Kavveri Telecom Products, a leading wireless subsystem manufacturer, which provides world class hardware products and solutions for the telecom, defence and space industry, under its subsidiary Kavveri Telecom Infrastructure has signed a long term agreement for 10 years with the 8th operator who is one of the major PAN India cellular operators for in-building wireless solutions. The agreement will provide a substantial long term revenue source for Kavveri Telecom Infrastructure.

Kavveri Telecom Products is currently a leading manufacturer of RF Products and Antennas in India. The company has a major market control in RF products and antennas. With long term agreements of this nature Kavveri Telecom Products will supply the products to Kavveri Telecom Infrastructure as per the agreements with customers.

The company’s customers include all the leading operators and OEMS including Ericsson, Alcatel Lucent, Nokia Siemens Networks, RCom, Airtel, Vodafone, Idea, Aircel, BSNL to name a few.

Kavveri Def. Wireles Share Price

68.40 -0.73 (-1.06%)
22-Apr-2026 11:25 View Price Chart
Peers
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ITI 315.00
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