Tech
HFCL shares react after company bags optical fibre cable orders worth ₹76 crore
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Gurugram-based HFCL has announced that it has bagged orders with a cumulative value of ₹76 crore, on Sunday, May 18.
According to an exchange filing, HFCL has won two orders, of which, the first order is an export order worth ₹59 crore, and the other is a domestic order worth ₹17,02 crore that the company received from ITI Ltd., a state-run entity based out of Bengaluru.
HFCL further stated in the filing, these international and domestic orders are for the supply of various types of optical fibre cables.
While the export order has to be…
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