HFCL secures Purchase Order of ~INR 135.09 Crore from RailTel Corporation of India Limited

HFCL Ltd has received a Purchase Order worth ~INR 135.09 Crore from RailTel Corporation of India Limited, a Government of India Undertaking, under the Ministry of Railways ("RailTel") for the Annual Maintenance Contract ("AMC") of the project "Implementation of Secure Operations (OPS) Network" for data centers of Indian defence forces.

The Company had earlier undertaken the implementation of the Secure OPS Network for Indian defence forces under a project awarded by RailTel. The Company has successfully completed the design, supply, installation, and commissioning of one central data centre and 120 mini data centres at Indian defence establishments across the Country. The scope of the project included establishment of a secure defence communication network comprising hardware, software, and data centre infrastructure, along with AI-enabled network security, and was executed in accordance with the stipulated contractual requirements and prescribed technical and security specifications.

Post completion of the warranty period, RailTel has now issued the aforesaid Purchase Order for undertaking the AMC of the project. Under this AMC contract, the Company will provide end-to-end maintenance support services aimed at ensuring high availability, reliability, and security of the network infrastructure supporting critical defence communication operations. The scope of work includes preventive and corrective maintenance, network monitoring, incident management, performance optimization, and 24x7 technical support services.

This order reflects the continued trust of government customers in the Company's strong capabilities in network implementation and maintenance of mission-critical secure communication infrastructure.

Shares of HFCL Limited was last trading in BSE at Rs. 173.85 as compared to the previous close of Rs. 161.80. The total number of shares traded during the day was 3132423 in over 18239 trades.

The stock hit an intraday high of Rs. 176.50 and intraday low of 161.25. The net turnover during the day was Rs. 534535959.00.

Source : Equity Bulls

Keywords

HFCL INE548A01028 OrderWin RailTelCorporationofIndia