HFCL bags optical fibre cables supply order worth Rs 237.25 cr

03 Jun 2022 CW Team

Himachal Futuristic Communications Limited (HFCL), an Indian telecom company and fibre optic cable manufacturer, told the media that it had secured an order worth Rs 237.25 crore from a private telecom operator for supplying optical fibre cables.

The company said to all its stakeholders that the company, along with its material subsidiary, Hindustan Teleprinters Limited (HTL), has received the purchase order amounting to Rs 237.25 crore from one of the leading private telecom operators in the country for supplying optical fibre cables.

HFCL witnessed a 2.14% rise on the National Stock Exchange (NSE).

The company said that the order is scheduled to be executed this year by October 2022.

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Also read: 5G to launch in 2022 in India: Department of Telecommunications

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