Current Date: 09 Jul, 2024

Valiant Soars 5% on ₹950 Crore Order Bonanza

Valiant Communications Ltd. witnessed a notable surge of 4.99 percent in its stock value subsequent to the revelation of substantial orders exceeding ₹950 lakhs. These orders are designated for the provisioning of Valiant's cutting-edge "Communication" and "Protection" solutions, with a worldwide presence catering to power utilities across diverse regions, including India, the USA, and South America.

Inder Mohan Sood, the CEO of Valiant Communications, conveyed the company's strategic expansion initiatives, stating, "Our business partnerships are expanding not only within India but also on an international scale. The proven success of our equipment installations is gaining recognition from global power utilities, including those in developed western nations."

Emphasizing the fruitful outcomes of Valiant's research and development endeavors, Sood highlighted that the company's advanced technology solutions are garnering attention not only in the power sector but also in sophisticated Information Technology (IT) and Industrial Automation applications.

In a bid to fortify its standing in the international power utility market, Valiant Communications has entered into a strategic partnership with Tejas Networks, thereby reinforcing its global presence and capabilities.

The uptick in Valiant Communications' shares mirrors investor confidence following these lucrative orders and the company's triumphant entry into providing advanced solutions to address the evolving requirements of the global power utilities sector.

 

News by Rahul Yelligetti

Source : projxnews