HFCL inches up on wining order worth Rs 82.97 crore
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
HFCL is currently trading at Rs. 71.25, up by 0.20 points or 0.28% from its previous closing of Rs. 71.05 on the BSE.
The scrip opened at Rs. 71.10 and has touched a high and low of Rs. 71.85 and Rs. 71.10 respectively. So far 43693 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 88.80 on 09-Dec-2022 and a 52 week low of Rs. 51.55 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 72.75 and Rs. 70.55 respectively. The current market cap of the company is Rs. 9788.97 crore.
The promoters holding in the company stood at 39.24%, while Institutions and Non-Institutions held 9.16% and 51.60% respectively.
HFCL has won an Export Contract aggregating to Rs 82.97 crore, from one of the renowned Telecom Operator, for supply of various types of Optical Fiber Cables and Accessories as per customer specifications. The order is to be executed by FY2025.
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.
