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The execution of these export orders is scheduled to run until November 2026, indicating a multi-year revenue pipeline for the company.
HFCL clarified that Trinity Tech Solutions is not part of its promoter group, and the divestment does not qualify as a related-party transaction.
These new orders signal robust demand for HFCL’s optical fibre offerings both overseas and in India.
Following that, a 10-year maintenance contract will be in place, with operating expenditure (opex) set at 5.5% of capex each year.
Here are some of the stocks that may see significant price movement today: Reliance Industries, Infosys, Axis Bank, etc.
HFCL won the BharatNet Phase III contracts for the Punjab circle with a bid of ₹1,244 Crore on its own.
HFCL has now made a significant contribution to one of the world's most sophisticated unmanned aerial vehicles.
Here are some of the stocks that may see significant price movement today: HFCL, Aster DM Healthcare, Tata Steel, Glenmark Pharma, etc.
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