Himachal Futuristic Communications is currently trading at Rs. 25.65, up by 0.90 points or 3.64% from its previous closing of Rs. 24.75 on the BSE.
The scrip opened at Rs. 25.05 and has touched a high and low of Rs. 26.00 and Rs. 25.05 respectively. So far 281629 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. 14.45 on 10-Aug-2017.
Last one week high and low of the scrip stood at Rs. 29.35 and Rs. 24.60 respectively. The current market cap of the company is Rs. 3067.46 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 (HFCL) has received the Purchase Orders (POs) worth Rs 1,139.88 crore and Rs 864.27 crore aggregating to Rs 2,004.15 crore from Bharat Sanchar Nigam, New Delhi for Procurement, Supply, Installation, Testing and Maintenance of GIS based Optical Fibre Cable Network Management Systems (GOFNMS) to be used by Defence Forces.
This PO is part of a turnkey project and the balance PO for Operation & Maintenance services will be issued separately by BSNL.
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.