HFCL Secures Export Order of USD 46.13 Million for Optical Fiber Cable Supply
HFCL Limited has secured a significant export order totaling approximately USD 46.13 million (equivalent to INR 441.53 crore) from an international customer. This contract pertains to the supply of optical fiber cables, executed through the company's wholly owned overseas subsidiary.The successful acquisition of this major order reinforces the standing and technological quality recognized by global clients in HFCL’s manufacturing capabilities.
Details regarding the awarded contract are provided below:
| Particulars | Details |
|---|---|
| Name of awarding entity | International Customer |
| Nature of order | Supply of Optical Fiber Cables as per customer specifications |
| Entity type | International |
| Time period for execution | January 2027 |
| Order size/consideration | ~USD 46.13 million (equivalent to ~INR 441.53 crore) |
| Promoter interest in awarding entity | No |
The contract has been categorized as an international transaction, and the company confirmed that no relationship existed between this order and related party transactions. The order was received during the normal course of business operations.
HFCL Stock Price Movement
On Wednesday, shares of HFCL Limited edged higher to close at ₹193.56, rising by 2.26% during the trading session. The stock saw considerable activity as it concluded with a total traded volume of 40.1 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.
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