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HFCL along with subsidiary bags purchase orders from Reliance Retail

28 Apr 2023 Evaluate

HFCL along with its material subsidiary, HTL, has received the purchase orders aggregating to around Rs 65.72 crore (including applicable GST) from Reliance Retail for supply of Optical Fiber Cables to one of the leading Private Telecom Operators of the Country. The said order is 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 210.95
Bondada Engineering 273.60
Pace Digitek 166.25
GTL Infrastructure 1.10
STL Networks 52.15
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