HFCLBSEHFCL LtdHighPositive
Announced Wed, 27 May · 12:26 IST

We are pleased to inform all stakeholders that the Company has received a Purchase Order worth ~INR 135.09 Crore from RailTel Corporation of India Limited, a Government of India Undertaking, ....

Govt Defence OrderBusiness Updates View source PDF

HFCL · price

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Price reaction · full curve 14 horizons · vs prior close
+10.6%1-day move
₹161.66
prior close
₹171.64
base price
In-mkt
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AI summary

HFCL Ltd has received a purchase order worth approximately INR 135.09 crore from RailTel Corporation of India Limited, a government undertaking under the Ministry of Railways. The order is for providing Annual Maintenance Contract (AMC) services for the Secure Operations Network that HFCL had previously implemented for Indian defence forces data centers. The AMC covers 1 central data centre and 120 mini data centres across defence establishments and will run for 5 years ending January 2031. The scope includes preventive and corrective maintenance, network monitoring, incident management, performance optimization, and 24x7 technical support for critical defence communication infrastructure.

Likely market impact

This order provides steady revenue visibility for 5 years and reinforces HFCL's position as a trusted partner for government defence communication projects, which is positive for shareholders.