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HFCL bags orders worth Rs 123.84 crore

12 Apr 2023 Evaluate

HFCL, along with its material subsidiary - HTL, has received the purchase orders aggregating to around Rs 123.84 crore (including applicable GST) from Reliance Projects & Property Management Services (Formerly Reliance Digital Platform & Project Services). The order is for supply of Optical Fiber Cables. The orders are to be executed by October, 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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