Announced Tue, 4 Aug · 17:42 IST
HFCL board approves 400 crore rupee capacity expansion for optical fiber products
HFCL · price
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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹202.30
prior close
₹205.80
base price
After-mkt
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AI summary
HFCL board approved a 400 crore rupee expansion of optical fiber and optical fiber cable manufacturing capacities, funded through internal accruals and debt. This adds 4.60 Mn fkm OF and 14.0 Mn fkm OFC capacity, taking total OF capacity to 38.50 Mn fkm and OFC to 56.36 Mn fkm per annum by July 2028, driven by demand from AI, data centres, 5G and FTTH sectors.
Likely market impact
Major capacity expansion to capture growing demand; mixed funding via internal accruals and debt may modestly lift leverage while supporting long-term revenue growth.