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Safari Industries, HFCL and Dhanlaxmi Bank to see some action today

HFCL Ltd. | Telecom-Infrastructure | Telecom | BSE: 500183 | NSE: HFCL

03 Jan 2023 Evaluate

Safari Industries (India) -- wholly owned subsidiary -- Safari Manufacturing (SML), after completion of various trial-runs and increased productivity, has successfully commenced its additional commercial production/manufacturing of luggage on January 2, 2023 at its factory situated at Halol, Gujarat. Consequently, the effective production capacity of SML has increased from 1,25,000 pieces per month to 2,25,000 pieces per month.

HFCL along with its material subsidiary, HTL, has received the Purchase Orders aggregating to Rs 95.38 crore from Reliance Projects & Property Management Services for supply of Optical Fiber Cables to one of the leading Private Telecom Operators of the Country.

Dhanlaxmi Bank’s gross advances stood at Rs 9250 crore (provisional) as of December 31, 2022 (Q3FY23), posting a 22.48% rise in year-on-year (YoY) terms as against Rs 7552 crore as of December 31, 2021 and on quarter-on-quarter (QoQ) basis, gross advances stood at Rs 9109 crore as of September 2022.

V-Mart Retail has opened 15 new stores and closed 6 stores in the October - December quarter (Q3) of FY 2022-23. The 15 new stores include 2 store in Jharkhand, 4 in Rajasthan, 5 in Uttar Pradesh, 1 in Uttrakhand, 1 in Telangana, 1 in Madhya Pradesh and 1 in Tripura. The 6 stores closed include 1 store in Jharkhand and 2 in Uttar Pradesh, 2 stores in Bihar and 1 in West Bengal.

Likhitha Infrastructure has received orders worth Rs 120 crore excluding GST from various Oil and Gas Distribution Companies during the quarter from October 2022 to December 2022.

Antony Waste Handling Cell has been awarded a contract by Pimpri Chinchwad Municipal Corporation (PCMC) for mechanical street sweeping of major roads above 18 meters in PCMC area for seven year. The value of the contract is around Rs 80 crore for concession period of 7 years.

The iconic offshore drilling Rig of ONGC 'Sagar Samrat' has been commissioned as a Mobile Offshore Production Unit (MOPU) on December 23, 2022. Sagar Samrat MOPU will handle up to 20,000 barrels per day of crude oil, with a maximum export gas capacity of 2.36 million cubic meters per day and is expected to add 6000 bbls/day of oil to ONGC's production in the coming days. The first oil from WO-16 cluster flowed into the processing system of MOPU and dispatch to onshore terminal commenced.

HFCL Share Price

95.45 3.96 (4.33%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Vindhya Telelinks	1376.60
HFCL	95.45
Pace Digitek	177.15
Bondada Engineering	359.85
GTL Infrastructure	1.26
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Safari Industries, HFCL and Dhanlaxmi Bank to see some action today

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