Rs 110 crore order book: Multibagger telecom equipment company bags new order worth Rs 16 crore+ for Navi Mumbai International Airport
The stock gave multibagger returns of 187.4 per cent from its 52-week low of Rs 131.50 per share.
Frog Cellsat Limited (FCL) is a leading provider of telecom equipment and services, specializing in designing, manufacturing, and marketing solutions for mobile telecom operators. Their offerings include telecom equipment for both telecom towers and in-building coverage, as well as in-building coverage planning and design services, along with RAN and Backhaul Network installation services. FCL has recently secured a significant contract valued at over Rs 16 crore+ to deploy their OneDAS (Active Distributed Antenna System) at the upcoming Navi Mumbai International Airport, aiming to enhance 4G and 5G mobile network coverage.
This marks the third major airport contract for FCL's OneDAS system in the past three months, following previous orders for Jewar International Airport and Chhatrapati Shivaji Maharaj International Airport. This contract underscores FCL's commitment to providing advanced green communication systems and ensuring seamless mobile connectivity for millions of travellers and stakeholders at one of India's major international airports. The installation of their cutting-edge DAS technology is expected to deliver superior voice and data services, contributing to the airport's overall infrastructure and boosting FCL's order book.
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About the Company
Frog Cellsat Limited (FCL), established in 2004, is a prominent technology innovator and manufacturer of RF equipment for the telecom industry. Their products, ranging from RF repeaters and optical DAS systems to network accessories and IBS components, are essential for 2G/3G/4G/5G mobile networks and public safety networks. With state-of-the-art manufacturing facilities in Noida and an in-house R&D center recognized by DSIR, FCL offers comprehensive solutions, including in-building coverage planning and network installation services. Their commitment to quality is evident in their ISO 9001:2015 and ISO 45001:2018 certifications.
The company has a market cap of Rs 585 crore and the company has an order book of Rs 110 crore as of Q2FY25. On Friday, shares of Frog Cellsat Ltd gained 9.70 per cent to Rs 377.90 per share from its previous closing of Rs 344.50 per share. The stock gave multibagger returns of 187.4 per cent from its 52-week low of Rs 131.50 per share.
Disclaimer: The article is for informational purposes only and not investment advice.
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