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HFCL Share Price Drops on May 20 Amid 5G Equipment Order Win

Written by: Nikitha DeviUpdated on: May 20, 2025, 12:41 PM IST
HFCL secures ₹173.72 crore 5G order; board to consider FY25 dividend on May 22. Share price drops 2.54% on May 20.
HFCL Share Price Drops on May 20 Amid 5G Equipment Order Win
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HFCL Limited has announced a major development, securing a purchase order worth ₹173.72 crore for the supply of indigenously manufactured telecom networking equipment.

The order has been placed by an affiliate of a leading domestic telecom service provider and underscores HFCL’s growing role in India’s 5G infrastructure ecosystem.

Order Details and Scope

The purchase order covers the supply of 5G Outdoor Customer Premise Equipment (CPE), which is critical for ensuring last-mile connectivity in 5G deployments. The contract is governed by general terms and conditions, and the execution timeline is set to be completed by September 2025. The order value is exclusive of applicable taxes.

Supporting India’s 5G Rollout

HFCL’s robust portfolio of telecom networking solutions, both indoor and outdoor, will help telecom operators enhance their service offerings across urban and rural regions. The equipment supplied will enable improved connectivity and bridge the digital divide, in line with the government’s Digital India goals.

Make in India Push

The order highlights HFCL’s commitment to domestic manufacturing and supports the "Make in India" initiative. It also reflects the company’s ability to meet the growing demand for reliable, high-quality 5G infrastructure solutions within tight timelines.

HFCL Board to Consider Dividend in Upcoming Meeting

HFCL Ltd has announced that its Board of Directors will meet on May 22, 2025, to consider and approve key financial matters, including the recommendation of a dividend for the financial year 2024–25.

HFCL Share Price Performance

On May 20, 2025, HFCL share price opened at ₹90.50, slightly up from its previous close of ₹89.80. At 11:04 AM, the share price of HFCL was trading at ₹87.52, down by 2.54% on the NSE.

Also Read:HFCL Share Price Surges Over 3% on ₹76.21 Crore Orders for Optical Fibre Cables!

Conclusion

This strategic order strengthens HFCL’s position as a trusted telecom equipment provider in India’s 5G journey and is expected to contribute meaningfully to its growth in FY26.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 20, 2025, 12:41 PM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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