HFCL Secures International Orders Worth ~USD 54.81 Million for Optical Fiber Cables
HFCL Limited has secured substantial export orders totaling approximately USD 54.81 million, equivalent to INR 522.73 crore, for the supply of optical fiber cables (OFC) from various international customers. These contracts affirm the high level of technological excellence and product quality that HFCL provides to its clientele.The successful acquisition of these international orders underscores the company's strong standing in the global market. The details pertaining to the secured contracts confirm that the business involves supplying optical fiber cables customized according to customer specifications.
Key parameters of the export contracts are summarized below:
| Particulars | Details |
|---|---|
| Order Source | International Customers |
| Market Segment | Export/International |
| Nature of Order | Supply of Optical Fiber Cables (OFC) |
| Total Value | ~USD 54.81 million (~INR 522.73 crore) |
| Execution Timeline | January 2027 |
The orders were awarded by international entities and the contracts are expected to be executed within the specified timeframe of January 2027. The transactions involve no interest or involvement from the company's promoters or promoter group companies, nor do they fall under related party transactions.
HFCL stated that these orders were received in the normal course of business.
HFCL Stock Price Movement
HFCL Limited shares rallied on Friday, gaining 5.00% to settle at ₹193.92 in early trading. The stock saw significant activity as it closed with a total traded volume of 33 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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