HFCL Surges as Telecom Orders Worth Rs 82.60 Crore Roll In

11 Sep 2023 , 03:29 PM

HFCL and subsidiary HTL Limited receivedits  purchase orders valued at approximately Rs 82.60 crore from a major domestic telecom service provider, resulting in a surge in HFCL’s share prices. The purchase orders are for the supply of optical fiber cables and must be fulfilled by November of this year.

HFCL’s product portfolio spans Optical Fiber, Optical Fiber Cables (OFC), Passive Interconnect Solutions, and advanced Transmission and Access Equipment. The company offers a comprehensive range of telecommunications products and specialized services used in Telecom, Defence, Railways, Utilities, and Security and surveillance Networks for both private and government sectors.

This development not only contributes to HFCL’s revenue but also highlights its crucial role in bolstering the country’s telecommunications infrastructure to meet growing demands, reinforcing its position in the industry.

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