The shares of a Micro-Cap company, specializing in manufacturing communication, transmission, protection, synchronization, and cybersecurity equipment and solutions, hit a 5 percent upper circuit upon receiving a work order from Power Grid Corporation of India Limited.
With a market capitalization of Rs. 460.20 crores on Tuesday, the shares of Valiant Communications Limited hit a 5 percent upper circuit, making a high of Rs. 618.75 per share compared to its previous closing price of Rs. 589.30 per share.
Valiant Communications Limited, engaged in manufacturing communication, transmission, protection, synchronization, and cybersecurity equipment and solutions, has received a domestic work order from Power Grid Corporation of India Limited.
The order is for the supply and commissioning of Communication and Protection solutions as per the technical requirements, valued at Rs. 2.81 crores, to be executed within the current financial year.
Financials & Others
The company’s revenue rose by 47.87 percent from Rs. 31.63 crore to Rs. 46.77 crore in FY23- 24. Meanwhile, Net profit increased from Rs. 1.68 crore to Rs. 6.21 crore during the same period.
Valiant Communications Limited, incorporated in 1994, is an ISO-certified manufacturer specializing in communication, transmission, protection, synchronization, NAS, and data storage servers, and cybersecurity solutions.
The company has installations in over 110 countries, with offices in the USA, UK, Canada, and India, and a regional distributor network in 25 countries. Valiant is a qualified ‘Class 1 Local Supplier’ under the Make in India initiative and is registered as a ‘Trusted Source’ by the National Security Council Secretariat for telecom network products.
Valiant Communications Limited serves marquee clients like ABB, Siemens, Schneider Electric, Power Grid Corporation of India, Larsen & Toubro, Honeywell, Lockheed Martin, Raytheon, GE Renewable Energy, and Tesla. These companies trust Valiant for advanced communication, protection, and cybersecurity solutions across critical infrastructure and defense sectors.
For the nine months ended FY 2024-25, Valiant Communications Limited generated 75.50 percent of its revenue from India, 10.92 percent from Europe, 4.88 percent from the USA, and 8.70 percent from the rest of the world.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
