Multibagger IT-Telecom Company Bags New Order From Tehri Hydro Development Corporation Limited
The stock gave multibagger returns of 445 per cent in just 3 years and a whopping 2,150 per cent in 5 years.
Valiant Communications Limited has announced a significant project award from Tehri Hydro Development Corporation Limited (THDC), a subsidiary of NTPC and a Mini Ratna Category-I Enterprise of the Government of India. The project involves the supply of ransomware-resilient, on-premises key data center equipment. This strategic move by THDC, a Critical Information Infrastructure organization, aims to enhance its data protection capabilities against the increasing threat of ransomware attacks. Valiant Communications, a Class 1 manufacturer, will provide its advanced data storage solutions, which are designed for high throughput and low latency, catering to mission-critical applications.
These solutions incorporate multiple layers of cybersecurity, including network isolation, quantum-safe encryption, and EMP-protected data storage, specifically tailored for sectors such as power, utilities, SCADA applications, government, financial, defense, and critical infrastructure. CEO Inder Mohan Sood expressed enthusiasm about the project, stating, "We are very happy and excited as the new avenues open, and opportunities continue to unfold." This development underscores the growing demand for robust data protection and recovery solutions in the face of sophisticated cyber threats.
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Valiant Communications is a manufacturer of a comprehensive range of IT and OT products and solutions which are used to provide end-to-end communication, transmission, protection, synchronization, data storage, and cyber-security to Government organizations, Utilities, Defence and the Transport sectors. VCL is an approved manufacturer to various reference customers across the globe, with a track record of successful installations of its communications, transmission, protection, synchronization and cyber-security solutions in more than 110 countries.
The company has a market cap of over Rs 300 crore. The stock gave multibagger returns of 445 per cent in just 3 years and a whopping 2,150 per cent in 5 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.