HFCL

HFCL plans ₹800-900 crore expansion in fibre and defence as data centre demand surges, while navigating supply risks and boosting exports

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Homegrown telecom gear maker HFCL has bagged a mega deal of around Rs 10,159 crore from a global multinational corporation for supplying optical fibre cable, the company said in a regulatory filing on Friday. The deal is spread over five years starting 2026 till December 2030. "The company has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count optical fiber cables, through its overseas wholly owned subsidiary. The total potential value of the contract over its tenure is estimated at around USD 1.10 billion equivalent to about Rs 10,159 crore based on prevailing selling prices of OFC products being supplied," the filing said. HFCL did not disclose the name of the customer in the filing. "This agreement marks a significant milestone, being the first instance in the company's history of entering into a long-term, multi-year OFC supply arrangement of this nature," the filing said. Under the contract, HFCL will supply OFC as per .

Domestic telecom gear maker HFCL has started first large scale deployment of indigenously designed and manufactured network routers in collaboration with state-run ITI for BharatNet project, the company said. India's network router market is currently dominated by US companies after Chinese gears were restricted by the government under telecom security rules. "In a groundbreaking development at Rouri Gram Panchayat in Solan district, Himachal Pradesh, HFCL's domestically designed and manufactured IP/MPLS routers have been successfully deployed by ITI Limited, enabling Fiber-to-the-Home (FTTH) connectivity to rural subscribers. This marks the first time in India's telecommunications history that indigenous routing technology has been used to deliver broadband services to consumers," HFCL Managing Director Mahendra Nahata told PTI. The company has bagged orders for deploying over 80,000 network routers under the government's rural broadband project BharatNet. BharatNet is the world's

The stock was in demand after the company launched its qualified institutional placement (QIP) at a floor price of ₹65.84 per share

Analyst at Choice Broking cautions against bottom-fishing, and instead recommend a wait & watch approach for a potential trend reversal.

Under the contract, HCL will supply optical fibre cables through its overseas subsidiary. The order was received from a renowned international customer

Angel One has shed 33% from its June high, and the stock has seen formation of 'Death Cross' on the daily chart in recent days; thus signalling likely further weakness at the counter.

The buying on the counter came after the State Investment Promotion Board approved acquiring 1000 acres of land in Andhra Pradesh for setting up defence manufacturing facilities

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Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable, part of RIL-group holdings, were seen trading with huge losses even as RIL stock hit a 8-month high on Wednesday.

The Board of Directors has declared a 10 per cent dividend for the financial year 2024-25, translating to ₹0.10 per equity share with a face value of ₹1 each

HFCL shares rose nearly 5 per cent after the company received purchase orders worth ₹76.21 crore from two companies

HFCL shares saw increased buying interest from investors after it announced late on Friday, March 7, that it's material subsidiary, has received an order worth Rs 44.36 crore from the Indian Army

Domestic telecom gear maker HFCL is betting big on growth from overseas sales and uptake of defence supplies as the company looks to become a Rs 10,000-crore revenue enterprise, a top company official said. Mahendra Nahata Managing Director HFCL during the company's recent investor call said the firm had an order book of Rs 10,000 crore as on December 31, 2024. "We are increasing our presence by appointing our own employees, distributors, and dealers in key global markets. Our goal is to achieve a substantial rise in export revenue from our optic fibre segment, with a significant portion of revenue coming from international markets in the coming years. Additionally, we aim for a considerable share of our telecom segment revenue to be export-driven," Nahata said. He said the company's board has granted approval for a strategic expansion into Europe by way of setting up an optical fibre cable manufacturing facility in Poland. "The European Commission on December 16, 2024 announced th

HFCL reported 10 per cent decline in net profit to Rs 74 crore as compared to Rs 82.24 crore a year ago

Domestic telecom gear maker HFCL posted an 11.95 per cent decline in consolidated profit after tax to Rs 72.58 crore in the third quarter ended December 31, 2025. The company posted a profit after tax (PAT) of Rs 82.43 crore in the same period a year ago. HFCL's PAT on a quarter-on-quarter basis was almost flat. HFCL managing director, Mahendra Nahata said that despite a dynamic and challenging market environment, HFCL has demonstrated resilience with a stable quarterly performance. "Our unwavering commitment to innovation and strategic growth continues to drive us forward. The recent BharatNet order wins are a testament to our expertise in strengthening India's digital infrastructure, reinforcing our position as a trusted technology partner in the Country's broadband revolution," he said. The consolidated revenue of the company declined by 1.97 per cent to Rs 1,011.95 crore in the December quarter from Rs 1032.31 crore a year ago. HFCL along with its consortium partners emerged a

HFCL share price gained 4.29 per cent at Rs 106.80 a piece on the BSE in Friday's intraday trade

Technically, a Death Cross pattern implies bearish implications; Chart shows that RVNL, TVS Motor and HFCL could slide up to 25 per cent from present levels.

HDFC share: HFCL has inaugurated an advanced defence equipment manufacturing facility in Hosur, Tamil Nadu