Rs 110 crore order book: Multibagger telecom equipment company Wins Fourth Major Airport OneDAS Contract for Guwahati Airport
The stock gave multibagger returns of 158 per cent from its 52-week low of Rs 131.50 per share.
Frog Cellsat Limited, a leading telecom equipment manufacturer, has secured its fourth major airport contract this year. The company will deploy its cutting-edge OneDAS system at the New Terminal of Guwahati Airport, providing 4G and 5G mobile coverage across 8 frequency bands. This will enhance passenger experience and operational efficiency, aligning with the airport's vision of becoming a smart airport.
This achievement follows successful implementations at Noida International Airport, Mumbai International Airport, and the upcoming Navi Mumbai International Airport, solidifying Frog Cellsat's position as a leading provider of advanced coverage and capacity solutions. The company's robust OneDAS system meets the growing demand for uninterrupted connectivity in critical infrastructure, contributing to India's digital transformation.
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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 4.15 per cent to Rs 339 per share from its previous closing of Rs 325.50 per share. The stock gave multibagger returns of 158 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.