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

Written by: Team Angel OneUpdated on: May 19, 2025, 1:39 PM IST
HFCL share price surges over 3% on securing orders worth approximately ₹76.21 crores for optical fibre cables, including a major export and a domestic deal.
HFCL Share Price Surges Over 3% on ₹76.21 Crore Orders for Optical Fibre Cables
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HFCL Limited, a leading technology enterprise in the telecom infrastructure sector, has announced a major business development involving new purchase orders from both international and domestic clients. 

 

The combined value of these orders amounts to approximately ₹76.21 crores and includes a significant export order as well as a domestic supply contract. This achievement reflects HFCL’s strengthened market position and ongoing trust from clients around the world in its high-quality optical fibre cable products.

HFCL Secures Significant Export Contract 

HFCL Limited has received an export order valued at approximately $6.91 million, which is equivalent to ₹59.19 crores. This contract was awarded by an overseas telecommunications company and pertains to the supply of various types of optical fibre cables, customised as per client specifications. Scheduled for execution by September 2025, this contract is governed by general contract conditions and does not involve any related party transactions or promoter interests.

 

The export deal underscores HFCL’s growing international footprint and affirms the global demand for its advanced manufacturing capabilities. It serves as a strong indicator of the company's ability to deliver high-performance products that meet rigorous global standards.

Domestic Order of ₹17.02 Crores 

Alongside the export order, HFCL has also secured a domestic order worth ₹17.02 crores from ITI Limited, a major public sector undertaking in India. The contract involves the supply of multiple variants of optical fibre cables, as per the technical requirements of the client. The order is to be fulfilled by June 2025 and is similarly free from any related party involvement or promoter interest.

 

This domestic contract further solidifies HFCL’s long-standing relationship with public sector bodies in India and reinforces its role as a trusted supplier within the country’s telecom infrastructure development efforts.

 

Read More: HFCL Gets ₹157 Crore Order for BharatNet Phase III

HFCL Share Performance 

As of May 19, 2025, at 10:15 AM,  HFCL share price is trading at ₹90.09, a surge of 1.88% from the previous closing price. Over the past month, the stock has surged by 4.89%.

Conclusion

With these new orders totalling approximately ₹76.21 crores, HFCL continues to expand its market presence both within India and globally. These achievements reflect the company’s enduring commitment to excellence in manufacturing and client satisfaction, cementing its leadership in the optical fibre cable industry.

 

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 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 19, 2025, 1:39 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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