Home / Business and Economy / HFCL Secures ₹84 Cr in Optical Fibre Orders
HFCL Secures ₹84 Cr in Optical Fibre Orders
6 May
Summary
- HFCL received ₹84.23 crore in new optical fibre cable orders.
- Orders are from a leading domestic telecom service provider.
- The fulfillment of these orders is expected by August 2026.
HFCL's stock experienced a notable rally, climbing 5% following the announcement of new orders. The company, along with its subsidiary HTL Limited, has secured purchase orders valued at ₹84.23 crore for the supply of optical fibre cables.
These orders originate from a prominent domestic telecom service provider and are slated for fulfillment by August 2026. This development underscores HFCL's robust manufacturing strength and product quality, reinforcing its standing in India's expanding telecom infrastructure sector.
The acquisition of these orders further bolsters HFCL's order pipeline, benefiting from the increasing demand for optical fibre networks across India. The ongoing telecom network expansion and the deployment of 5G technology continue to drive growth opportunities for companies like HFCL, which possess strong execution capabilities.
