Bullseye Enterprises has bought 65.09 lakh shares of Himachal Futuristic Communication (HFCL) through the open market route. The shares were purchased on an average price of Rs 18.86, valuing the transaction to sum of Rs 12.27 crore.
Himachal Futuristic Communications is engaged in the manufacturing of telecom equipments and provides turnkey services. The manufacturing facilities of the company are located in Solan, Himachal Pradesh (assembly line), and Salcete, Goa (optical fibre cables).