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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HFCL shares react after company bags optical fibre cable orders worth ₹76 crore


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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