Shares of HFCL Ltd, which is headquartered in Gurugram, surged 4% on 19 Could after the corporate introduced securing orders value Rs 76 crore on Sunday, 18 Could.
HFCL has acquired two orders from ITI Ltd., a state-run entity located in Bengaluru. The primary order is valued at Rs 59 crore, and the second is value Rs 17,02 crore.
HFCL additionally famous within the submitting that the international and native orders are for the availability of assorted sorts of optical fibre cables. Whereas the export order should be accomplished by September 2025, the HFCL order obtained from ITI should be accomplished by June of the next month.
In January, HFCL acquired an advance work order for Rs 2,501 crore from BSNL.
This transaction included the design, provide, building, set up, improve, operation, and upkeep of BharatNet Section-III’s middle-mile community within the Punjab telecom circle.
At 11:37 am, the shares of HFCL have been buying and selling 2.45% increased at Rs 90.60 on NSE.
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