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HFCL and Subsidiary HTL Secure 40 Cr. worth Orders

Himachal Futuristic Communications Ltd. (HFCL) and its subsidiary HTL Limited have secured orders collectively worth Rs. 40.36 crore for the supply of Optical Fiber Cables (OFCs) to a private telecom operator in India. This information was shared through a stock filing by HFCL on February 26th, 2024.

Scope of work entails the supply of various types of OFCs as per customer requirements. The company expects to complete the execution of these orders by June 2024.

Furthermore, HFCL’s share price witnessed a 2.49% increase on the day of the order announcement, compared to the previous trading day.