HFCL shares gains after winning ₹496 crore export contract

HFCL shares gains after winning ₹496 crore export contract


The order has been awarded to HFCL’s overseas wholly owned subsidiary for the supply of optical fibre cable-based data centre connectivity solutions by a leading international customer.

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HFCL shares gains after winning ₹496 crore export contract
Shares of HFCL Ltd. gained in early trade on Friday, July 10, after the company announced that it had secured an export order worth $51.98 million (approximately ₹495.8 crore).

The order has been awarded to the company’s overseas wholly owned subsidiary for the supply of optical fibre cable-based data centre connectivity solutions by a leading international customer.

HFCL said the contract underscores the confidence global customers continue to place in its manufacturing capabilities and technology expertise.

The company expects to complete execution of the order by December 2026.

Following the announcement, HFCL shares rose as much as 2% to ₹218.90 in early trade. The stock has rallied more than 30% over the past one month.



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