HFCL Secures Export Order for Optical Fiber Cables Worth ~$11.07 Million
HFCL Limited has secured a significant export order worth approximately USD 11.07 million, equivalent to around INR 106.19 crore. The order is for the supply of Optical Fiber Cables (OFC) and was placed by a renowned international customer.The transaction will be executed through the company's overseas wholly owned subsidiary.
The securing of this order was described as reaffirming the trust global customers place in HFCL's manufacturing capabilities, technological excellence, and overall product quality.
The details of the secured order are as follows:
| Particular | Detail |
|---|---|
| Awarding Entity | International Customer |
| Nature of Order | Supply of Optical Fiber Cables as per customer specifications |
| Origin | International |
| Order Size | ~USD 11.07 million (equivalent to ~INR 106.19 crore) |
| Execution Period | August 2026 |
The company noted that the order is considered to be received in the normal course of business. The transaction does not involve any interest from the promoter or promoter group in the entity awarding the order.
HFCL Stock Price Movement
Shares of HFCL Limited shed 2.60% on Friday, settling at ₹147.89. The stock saw considerable activity, finishing the day on a volume of 31.37 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.