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HFCL bags purchase orders worth Rs 221.95 crore

22 May 2023 Evaluate

HFCL, along with its material subsidiary HTL, has received the Purchase Orders (PO) aggregating to around Rs 221.95 crore, consisting Purchase Orders of around Rs 179.24 crore from Reliance Projects & Property Management Services for supply of Optical Fiber Cables (OFC) and of around Rs 42.71 crore from Reliance Jio Infocomm for supply of indigenously designed, developed and manufactured 700 MBPs and 1GPBS Point to Point Unlicensed Band Radios (UBRs).

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 268.70
Bondada Engineering 290.60
Pace Digitek 158.00
GTL Infrastructure 1.03
STL Networks 41.06
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