Valiant Communications, a manufacturer of telecom transmission equipment and solutions worldwide, witnessed a rise in share prices on Friday after the company said that Valiant's E1 Multiplexers have been successfully installed at New Delhi and Mumbai International Airports. The Valiant's E1 Multiplexers is for critical communications links between L-Band Radar Tower and the Air Traffic Control Centre.
Valiant's Communication equipment have also been installed at other international airports including at Ankara (Turkey), Dubai International Airport, Frankfurt (Germany), Ho Chi Minh and Hanoi (Vietnam), Colombo (Sri Lanka) and are working satisfactorily.
Shares of the company are trading at Rs 23.75, up Rs 0.9, or 3.94% at the Bombay Stock Exchange (BSE) on Friday at 10:17 a.m.
The scrip has touched an intra-day high of Rs 23.75 and low of Rs 23.75. The total volume of shares traded at the BSE is 50.