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HFCL receives purchase orders worth Rs 202.60 crore

27 Sep 2022 Evaluate

HFCL, along with its material subsidiary, HTL, has received the Purchase Orders (PO) aggregating to Rs 202.60 crore, consisting Purchase Orders of Rs 167.60 crore from Reliance Retail & Reliance Projects & Property Management Services for supply of Optical Fibre Cables (OFC) and of Rs.35 crore from one of the overseas customer for supply of various types of OFC & its related accessories. The said orders are expected to be executed by March 2023.

HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL facilities in Chennai and Hosur.

Peers
Company Name CMP
HFCL 215.90
Bondada Engineering 276.10
Pace Digitek 162.25
GTL Infrastructure 1.09
STL Networks 49.39
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