Rs 10,964 Lakh Order Book: Multibagger IT-Telecom Company Bags New Order Worth Rs 281 Lakh from Power Grid Corporation of India

The stock gave multibagger returns of 650 per cent in just 3 years and a whopping 3,000 per cent in 5 years.

Valiant Communications Ltd. has secured a domestic order from Power Grid Corporation of India Limited for the supply and commissioning of communication and protection solutions, tailored to specific technical requirements, with a total value of Rs 281 lakh; this contract is slated for execution within the current financial year.

Earlier, the company secured a significant project from Tehri Hydro Development Corporation Limited (THDC) to supply ransomware-resilient, on-premises key data center equipment. This strategic initiative by THDC, a Critical Information Infrastructure organisation, aims to bolster its defence against escalating ransomware threats. Valiant, a Class 1 manufacturer, will provide its advanced data storage solutions featuring high throughput, low latency, and multi-layered cybersecurity measures, including network isolation, quantum-safe encryption, and EMP-protected storage, catering to critical sectors. CEO Inder Mohan Sood expressed excitement about this development, highlighting the increasing demand for robust data protection solutions.

Valiant Communications is a manufacturer of a comprehensive range of IT and OT products and solutions which are used to provide end-to-end communication, transmission, protection, synchronisation, data storage, and cyber-security to Government organisations, Utilities, Defence and the Transport sectors. VCL is an approved manufacturer to various reference customers across the globe, with a track record of successful installations of its communications, transmission, protection, synchronisation and cyber-security solutions in more than 110 countries.

The company has a market cap of over Rs 450 crore and the order book stands at Rs 10,964 lakh. The stock gave multibagger returns of 650 per cent in just 3 years and a whopping 3,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.