Please find attached the joint press release issued by Valiant Communications Limited & Fortytwo42 Labs

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.8%1-day move

₹1026.90

prior close

₹995.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.6+0.6+0.6+0.6-0.8-2.4-0.6+2.0+1.1-4.1-5.7-2.6+9.6+17.6

Up moveDown movePending

AI summary

Valiant Communications has entered a Strategic Collaboration Agreement with Pune-based Fortytwo42 Technology Innovations (Fortytwo42 Labs) to integrate and market Quantum-Safe cryptography applications with Valiant's NAS/SAN data storage and cyber-security products. The focus is on building hardware-based Quantum-Safe Network Attached Storage, Storage Area Network Data Storage Servers, and Authentication Server solutions for domestic and international customers. Fortytwo42 Labs is credited with building India's first Quantum Safe Digital Trust Cybersecurity Platform using Post Quantum Cryptography. Valiant, headquartered in New Delhi and listed on BSE, serves power, oil & gas, railways, defence, and government sectors with installations in over 110 countries.

Likely market impact

This partnership gives Valiant access to emerging quantum-safe security technology, potentially opening a new growth segment in cyber-security for critical infrastructure clients. Short-term stock impact is likely limited as revenue contribution is not yet clear, but it positions the company in a future-focused niche.