Stock Report

Valiant and CXR cooperation for Cyber Security solutions in France and neighboring European countries

Posted On : 2024-02-21 11:27:33( TIMEZONE : IST )

Valiant and CXR cooperation for Cyber Security solutions in France and neighboring European countries

Valiant Communications Ltd, a communications, protection, time and frequency synchronization and cyber security equipment manufacturer with successful installations in over 110 countries has entered into an MOU with CXR Anderson Jacobson SAS, France, to facilitate CXR France to market Valiant's range of cyber security products and solutions to CXR customers in France, as well as in the neighboring European countries and to other French speaking regions in North Africa.

A recent 3-day training program was held for CXR at New Delhi, from February 12th to 14th 2024, to assist CXR in familiarizing with the cyber security equipment being offered by Valiant Communications. Mr. Marco DI VALERIO Chief Operating Officer CXR and Mr. BenoƮt BATARDIERE, Chief Customer Support Manager CXR attended the program.

Commenting on the above event, Mr. Inder Mohan Sood, CEO noted that "we are very happy to expand our business partnership with CXR France to market our cyber security products in France and its neighboring regions. CXR is already providing solutions to the French Defense Sector and we are, furthermore, happy to confirm the receipt of a new order from CXR for Valiant's synchronization solutions which is to be supplied to the French Army. It gives us immense satisfaction to be offering advanced technical solutions to such prestigious customers".

Commenting on the event, Mr. Marco DI VALERIO Chief Operating Officer CXR said "we are delighted to extend our cooperation with Valiant and market their cyber security products and other technologies in France and its neighboring regions, where we see immense business potential for mutual benefits. We are optimistic that our business relationship shall grow and expand to include Valiant's other product ranges as well in future. With over forty years of collaboration with core Telecommunication providers, we bring extensive expertise in network design, configuration, and deployment. Our commitment in critical infrastructure have earned us a strong reputation in the industry."

Shares of VALIANT COMMUNICATIONS LTD. was last trading in BSE at Rs. 405.90 as compared to the previous close of Rs. 386.60. The total number of shares traded during the day was 10730 in over 200 trades.

The stock hit an intraday high of Rs. 405.90 and intraday low of 386.60. The net turnover during the day was Rs. 4313806.00.

Source : Equity Bulls