Archive · 2 Jun 2025
HFCL Receives ₹76 Crore in Optical Fibre Cable Orders
Imagine a company, HFCL, that makes special cables for sending information.
They just got two big orders!
One is worth a lot of money and is for another country.
The other is also worth a lot of money and is for a company in India.
Both orders are for these special cables.
The company needs to make the cables and send them by a certain date.
The company's stocks are doing fine, but not very good.
They have been doing okay, but not excellent in the last few months.
HFCL secured orders totaling ₹76 crore on May 18.
The orders include a ₹59 crore export order and a ₹17.02 crore domestic order.
The domestic order is from ITI Ltd., a state-run entity based in Bengaluru.
Orders are for the supply of various types of optical fibre cables.
HFCL's shares closed 1.8% lower on Friday, at ₹88.42.
- Who
- HFCL and ITI Ltd.
- What
- HFCL received orders for optical fibre cables.
- When
- Orders received May 18, 2024.
- Where
- Bengaluru, India.
- Why
- To supply optical fibre cables.
- Total Order Value
- ₹76 crore
- Export Order Value
- ₹59 crore
- Domestic Order Value
- ₹17.02 crore
- Domestic Order Recipient
- ITI Ltd.
- ITI Ltd. Location
- Bengaluru
- Export Order Execution Deadline
- September 2025
- Domestic Order Execution Deadline
- June