HFCL soars on winning Rs 2,666.09 crore contract from Rail Vikas Nigam
HFCL is currently trading at Rs. 195.75, up by 5.55 points or 2.92% from its previous closing of Rs. 190.20 on the BSE.
The scrip opened at Rs. 197.00 and has touched a high and low of Rs. 199.00 and Rs. 194.60 respectively. So far 746752 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 208.80 on 04-Jun-2026 and a 52 week low of Rs. 59.83 on 23-Jan-2026.
Last one week high and low of the scrip stood at Rs. 199.00 and Rs. 169.30 respectively. The current market cap of the company is Rs. 29999.81 crore.
The promoters holding in the company stood at 28.29%, while Institutions and Non-Institutions held 14.11% and 57.61% respectively.
HFCL has received contract worth around Rs 2,666.09 crore from Rail Vikas Nigam (RVNL). This contract pertains to the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle. The scope of the Contract includes supply of telecom equipment and related accessories with installation & commissioning, creation of Optical Fiber Cable Telecom Network and maintenance of the project for a period of 10 years, including a 1-year warranty period.
This contract is in addition to the earlier contract of Rs 2,167.65 crore awarded to the Company by RVNL for BharatNet Phase-III projects in the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles. The company continues to strengthen its position in the telecom network domain and remains committed to delivering high-quality execution of large-scale digital connectivity projects.
