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HFCL zooms on bagging advance purchase orders worth around Rs 583 crore

10 Jul 2018 Evaluate

Himachal Futuristic Communications (HFCL) is currently trading at Rs. 30.75, up by 0.70 points or 2.33% from its previous closing of Rs. 30.05 on the BSE.

The scrip opened at Rs. 30.30 and has touched a high and low of Rs. 31.15 and Rs. 30.10 respectively. So far 1235400 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 36.65 on 11-Jan-2018 and a 52 week low of Rs. 14.20 on 14-Jul-2017.

Last one week high and low of the scrip stood at Rs. 31.15 and Rs. 28.15 respectively. The current market cap of the company is Rs. 3798.69 crore.

The promoters holding in the company stood at 38.30%, while Institutions and Non-Institutions held 8.96% and 52.74% respectively.

Himachal Futuristic Communications has received advance purchase orders worth Rs 305 crore and Rs 278 crore aggregating to around Rs 583 crore from Bharat Broadband Network Nigam (BBNL), New Delhi vide its two letters both dated July 9, 2018 respectively for Survey, Planning, Supply, Installation, end-to-end Integration, Testing and Commissioning, of Optical Fibre Cable (OFC) GPON network and Radio Network, Operation and Maintenance for a period of eight years and facilitating services provisioning of the created network in the State of Punjab under BharatNet Phase - II programme of Government of India. Under this turnkey project, around 3224 Gram Panchayats in 36 Blocks will get Broadband connectivity.

HFCL is one of India’s largest telecom network turnkey implementation companies, with wide and deep capabilities and domain expertise in rolling out advanced telecom networks.


HFCL Share Price

91.49 3.40 (3.86%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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