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HFCL bags order worth Rs 282.61 crore

29 Mar 2023 Evaluate

HFCL has bagged an order worth around Rs 282.61 crore from Gujarat Metro Rail Corporation (GMRC), for Design, Manufacture, Supply, Installation, Testing and Commissioning of Telecommunication Systems for Surat Metro Rail Project Phase-I. The order is to be executed within ninety weeks from the date of Contract. Thereafter, the company has to provide warranty support for one hundred ten weeks.

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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