Valiant wins INR 10.71 Cr data storage and timing order from PGCIL system integrator
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 9.0 pts more than Nifty Microcap 250 and 10.8 pts more than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Valiant Communications has received purchase orders worth INR 1,071 lacs (about 10.71 crores, gross inclusive of taxes) from system integrators to supply Data Storage Servers and Time Synchronization Equipment. End user is Power Grid Corporation of India, a central government Maha-Ratna PSU. Execution deadline is 31 March 2027. Management calls this a major breakthrough into the data center vertical, which underpins AI infrastructure. A separate AMC order is expected to follow.
Opens new data center vertical for the company. PGCIL as end user adds credibility. Likely positive for the stock.