HFCL board approves 820 crore additional capex for OF, OFC and Preform expansion

Major Capex Above 10pct NetworthCapex & Operations View source PDF Explain this filing

HFCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.6%Reaction day

₹235.15

prior close

₹230.50

announcement price

After-mkt

timing

Nifty Smallcap 250market-2.4%-3.1% vs market

Telecom - Infrastructure peers, median of 5sector-2.6%-3.0% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Smallcap 250 and 3.0 pts less than its Telecom - Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-2.0

15m

-1.5

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.6-2.4-3.1-2.6-3.0

Next day

-9.6-2.6-7.0-3.4-6.1

-11.1-1.8-9.3-1.9-9.2

-8.7-0.3-8.4-1.4-7.2

-9.4-0.3-9.1-2.1-7.3

-5.4-0.4-5.0-1.8-3.7

-9.8-1.0-8.8-2.1-7.7

15d

+14.4-2.3+16.7+1.7+12.7

+3.7-3.9+7.6-1.6+5.3

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UpDownMarket · Nifty Smallcap 250Sector · Telecom - Infrastructure peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HFCL board approved additional capex of around 820 crore to expand Optical Fiber capacity by 4.60 Mn fkm, Optical Fiber Cable by 5.64 Mn fkm, and set up a 300 MT Preform facility. Total planned capex now stands at 1,800 crore. Post-expansion capacities will reach 43.10 Mn fkm OF, 62 Mn fkm OFC, and 600 MT Preform. Funding via internal accruals, promoter warrants, and debt. Driven by 19,000 crore order book and demand from AI, data centres, and telecom. Completion targeted by July to October 2028.

Likely market impact

Strong growth signal backed by 19,000 crore order book. Debt-funded portion may pressure near-term returns, but supports future revenue and margins.