Stock Report

Valiant receives approval as 'Trusted Source' from National Security Council Secretariat

Posted On : 2022-11-28 16:39:06( TIMEZONE : IST )

Valiant receives approval as 'Trusted Source' from National Security Council Secretariat

Valiant Communications [BSE: 526775], a leading innovation led telecom enterprise has been recognized as the 'Trusted Source' by National Security Council Secretariat (Trusted Telecom Cell), a part of National Security Council who advises the Prime Minister's Office on matters of national security and strategic interest. With this approval, Valiant has become the 'Trusted Source' for all Indian Telecom Service Providers (TSPs) for sourcing their telecom active network products and infrastructure and has become one of the few companies to have received the 'trusted sources' approval in the Country.

Valiant Communications is one of the first domestic designer and manufacturer of IP/MPLS Routers (Core, Edge, Access) to be granted this 'Trusted Source' approval.

The timing of 'Trusted Source' approval by National Security Council Secretariat (NSCS) cannot be any better, since Valiant is already engaged with the various government departments from different utilities and recently successfully demonstrated the efficacy and competency of its Cyber Security Suite of products at the "Proof of Concept (POC)" level.

In the last few years, Valiant has emerged as an OEM of various telecom and protection products including IP/MPLS Routers, Time Synchronization Solutions, Protection Equipment as well as various other niche products. These "Made in India" products have already been deployed in India. It is important to mention that the backbone of the 5G network is IP/Ethernet based in which IP/MPLS Routers function as the transmission mainstays.

Backed by years of strong innovation and R&D capabilities, Valiant is working to expand its portfolio of communication and transmission products and supply its next generation solutions not only to Indian TSPs but also to global telecom, utility and government enterprises. Valiant has also received specific codes generated for some of its products from Ministry of Defence under NATO codification system.

Commenting on the above development, Mr. Inder Mohan Sood, CEO said, "We are delighted to receive the approval as a 'Trusted Source' from NSCS and are fully committed to continue serving our TSP partners with our wide range of cutting-edge products and services. The development will cement Valiant position further in the Telecom and Transmission sector thereby amplifying the growth opportunities for Valiant. Our inclusion in the select list as one of the trusted source is a distinguished achievement and reinforces our commitment to delivering Made-in-India world-class products and contribute to further accelerating our Hon'ble Prime Ministers' vision of an Atmanirbhar Bharat with great enthusiasm.

Shares of VALIANT COMMUNICATIONS LTD. was last trading in BSE at Rs. 177.45 as compared to the previous close of Rs. 175.00. The total number of shares traded during the day was 776 in over 8 trades.

The stock hit an intraday high of Rs. 179.50 and intraday low of 168.00. The net turnover during the day was Rs. 132483.00.

Source : Equity Bulls


VALIANTCOMMUNICATIONS INE760B01019 TrustedSource TelecomServiceProviders