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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Valiant Communications has received purchase orders worth INR 847 Lacs (approximately Rs 8.47 crore, inclusive of taxes) from private-sector System Integrators for the supply of its Communication, Protection, and Synchronization equipment. The end-users for these orders are Indian State Electricity Boards (SEBs), meaning the equipment will ultimately be deployed across state-level power utilities. The orders are domestic in nature, are supply-only (no service component), and are to be executed within 9 months. The company highlighted that this win aligns with the 'Make in India' and 'Atmanirbhar Bharat' initiatives, given Valiant is an indigenous manufacturer. The CEO also pointed to ongoing opportunities nearing finalization, suggesting a positive order pipeline.
This is a new business win for Valiant Communications with no related-party involvement, potentially adding meaningful incremental revenue given the small-cap nature of the company. Positive for order book visibility and reinforces the company's positioning in the domestic power utilities segment, though the absence of disclosed revenue base makes it hard to size the impact precisely.