HFCL bags Order worth ~₹ 282.61 Crores for Surat Metro Rail Project

HFCL Ltd has bagged an Order worth ~₹282.61 Crores from Gujarat Metro Rail Corporation (GMRC) Limited, for Design, Manufacture, Supply, Installation, Testing and Commissioning of Telecommunication Systems for Surat Metro Rail Project Phase-I.

The order should be executed within Ninety weeks from the date of Contract. Thereafter, the Company has to provide warranty support for One Hundred Ten Weeks.

Shares of HFCL Limited was last trading in BSE at Rs. 56.56 as compared to the previous close of Rs. 57.28. The total number of shares traded during the day was 456529 in over 2137 trades.

The stock hit an intraday high of Rs. 57.46 and intraday low of 55.75. The net turnover during the day was Rs. 25807157.00.

Source : Equity Bulls

Keywords

HFCL INE548A01028 OrderWin SuratMetroRailProject Phase1