HFCL Ltd receives new orders from leaindg Private Telecom Operators

HFCL Ltd has received the Purchase Orders ('PO') aggregating to Rs.73.39 crores consisting Purchase Orders of Rs.51.09 crores, from one of the leading Private Telecom Operators of the Country for supply of UBRs (Unlicensed Band Radio) along with Accessories and of Rs.22.30 crores, from one of the leading EPC players of India for supply of Optical Fibre Cables.

The UBRs have been indigenously designed, developed and manufactured in India which are sold not only in India but has also got its presence in global market. This contract demonstrates the confidence of private telecom operators in adoption of HFCL's indigenously manufactured products for expanding their existing network infrastructure. The company manufactures world class Optical Fibre Cables at our state of the art manufacturing facilities located at Goa, Hyderabad and Chennai and this repeat order shows trust that our customers have in us and in the quality of our products.

Shares of HFCL Limited was last trading in BSE at Rs. 63.70 as compared to the previous close of Rs. 64.30. The total number of shares traded during the day was 661882 in over 4754 trades.

The stock hit an intraday high of Rs. 65.10 and intraday low of 63.40. The net turnover during the day was Rs. 42503852.00.

Source : Equity Bulls

Keywords

HFCL INE548A01028 OrderWin PrivateTelecomOperators