Stock Below Rs 200: This Multibagger Telecom & Defence Company Secures Rs 441 Crore Export Order for Optical Fiber Cables
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HFCL has secured an export order worth approximately Rs 441.53 crore from a renowned international customer for the supply of optical fiber cables, with execution scheduled to be completed by January 2027 through its overseas wholly owned subsidiary.
✨ Key Takeaways
On Thursday, Indian equity benchmark indices traded marginally higher, with the benchmark Nifty 50 index rising 25.35 points, or 0.10 per cent, to 24,275.55. Despite the positive market sentiment, HFCL share price declined 2.36 per cent to Rs 189.00 after the company announced a major export order worth approximately Rs 441.53 crore.
HFCL Secures Rs 441 Crore Export Order
HFCL Limited has secured an export order valued at approximately USD 46.13 million, equivalent to around Rs 441.53 crore, for the supply of optical fiber cables. The order has been awarded by a renowned international customer and will be executed through the company's overseas wholly owned subsidiary.
The contract is scheduled to be completed by January 2027, providing revenue visibility over the coming months. The company stated that the order has been received in the normal course of business.
Order Details
The scope of the contract includes the supply of optical fiber cables in accordance with the customer's specifications. HFCL clarified that the contract is governed by standard contractual terms and is not a related-party transaction. The company also confirmed that neither its promoter nor the promoter group has any interest in the entity awarding the contract.
The order strengthens HFCL's international business and further expands its export portfolio in optical fiber cables, which remain a key component of broadband deployment, telecom network expansion and next-generation digital infrastructure projects.
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Strengthening Global Presence
The latest export win reinforces HFCL's growing footprint in international markets, with the order being routed through its overseas subsidiary as part of the company's established global delivery framework. The execution schedule extending through January 2027 provides a defined timeline for product delivery and revenue recognition, subject to contractual milestones.
The company said the order highlights its capabilities in manufacturing and supplying high-quality optical fiber cables that meet international customer requirements and supports its long-term strategy of expanding its global telecom products business.
About HFCL
HFCL Ltd is a technology enterprise engaged in telecom and defence equipment, optical fiber, optical fiber cables and digital network solutions. The company operates through two principal segments—Telecom Products and Turnkey Contracts & Services. HFCL manufactures telecom and networking products, radio communication systems and defence equipment while also executing telecom infrastructure projects. It serves telecom operators, OEMs, internet service providers, system integrators and government customers, including defence organisations, public sector undertakings and Indian Railways.
The company has manufacturing facilities in Hyderabad, Goa, Manesar, Hosur and Solan, maintains an international presence through subsidiaries in the Netherlands and the United States, and exports its products to more than 45 countries.
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Disclaimer: The article is for informational purposes only and not investment advice.