Valiant Communications' stock climbed to Rs. 595.00 on the BSE, marking an increase of 49.85 points or 9.14% compared to its previous close of Rs. 545.15. The stock opened at Rs. 549.90 and fluctuated between a high of Rs. 640.00 and a low of Rs. 535.05 during the session, with 40,111 shares traded.

This BSE Group 'X' stock, with a face value of Rs. 10, reached its 52-week high of Rs. 732.20 on August 13, 2024, and a 52-week low of Rs. 292.60 on January 11, 2024. Over the past week, the stock recorded a high of Rs. 640.00 and a low of Rs. 523.90. The company's current market capitalization stands at Rs. 453.87 crore.

Promoters hold a 41.83% stake in the company, while Institutions and Non-Institutions own 0.16% and 58.01%, respectively.

The recent rally follows Valiant Communications securing a significant order worth Rs. 41.35 crore from Tejas Networks for supplying and commissioning Communication, Protection, and Synchronization equipment. The equipment will be used in a project for Gujarat Energy Transmission Corporation (GETCO).

Valiant Communications, a global manufacturer of telecom transmission equipment, specializes in Protection Switching solutions and offers installations across numerous countries.