 "Valiant Communications zooms 20% on product approval by Indian Navy")
Valiant Communications has locked in upper circuit of 20% at Rs 93.60 on the BSE after the company said it has recently received the product approval from Indian Navy for its product “E1 PDH Multiplexer”.
The stock surged 26% from its intra-day low of Rs 74.20 on the BSE. Around 80,000 shares changed hands on the counter against an average sub 2,500 shares that were traded daily in past two weeks on the BSE. There were pending buy orders for 25,285 shares on the BSE at 03:29 pm.
Valiant Communications manufactures “Telecom Transmission Solutions” with installations in over 110 countries.
The stock surged 26% from its intra-day low of Rs 74.20 on the BSE. Around 80,000 shares changed hands on the counter against an average sub 2,500 shares that were traded daily in past two weeks on the BSE. There were pending buy orders for 25,285 shares on the BSE at 03:29 pm.
Valiant Communications manufactures “Telecom Transmission Solutions” with installations in over 110 countries.
