We are pleased to inform all stakeholders that the Company along with HTL Limited, a material subsidiary of the Company, has secured purchase orders worth ~?84.23 crore, for the supply ....
HFCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HFCL Ltd along with its material subsidiary HTL Limited has secured purchase orders worth approximately ₹84.23 crore (including GST) for the supply of optical fiber cables. The orders are from a leading domestic private telecom service provider. The execution timeline is by August 2026. The company states these orders reaffirm customer trust in their manufacturing capabilities, technological excellence, and product quality. The orders were received in the normal course of business and do not involve any related party transactions.
This is a positive development showing continued business momentum. The order size (~₹84 crore) is modest relative to HFCL's overall revenue, and while positive, is unlikely to materially move the stock on its own.