HFCL Secures Export Order of USD 51.98 Million for Optical Fiber Cable Solutions
HFCL Limited has secured a significant export order worth approximately USD 51.98 million (equivalent to ~INR 495.80 crore). The contract is for the supply of optical fiber cable based data centre connectivity solutions and was awarded by a renowned international customer through the company’s overseas wholly owned material subsidiary.This substantial international order underscores the trust global customers place in HFCL Limited's technological excellence, product quality, and manufacturing capabilities.
The details pertaining to the contract include:
| Particulars | Details |
|---|---|
| Order Type | Supply of Optical Fiber Cable based data centre connectivity solutions as per customer specifications. |
| Customer Type | International Customer |
| Awarding Entity Location | International |
| Execution Timeline | December 2026 |
| Contract Value | Approximately USD 51.98 million (equivalent to ~INR 495.80 crore) |
The order was received in the normal course of business. The company confirmed that there is no interest of the promoter or promoter group in the entity awarding the contract, and the transaction does not fall under related party transactions.
HFCL Stock Price Movement
On Thursday, shares of HFCL Limited edged higher, gaining 1.17% to settle at ₹217.25 after a strong session. The stock saw significant investor interest, with over 21.99 million shares traded during the day.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.