HFCL’s overseas wholly owned subsidiary has received an order for the provision of optical fibre cable-based data centre connectivity solutions from a prominent international client.
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HFCL Ltd.’s shares experienced an uptick in early trading on Friday, July 10, following the announcement of a lucrative export order amounting to $51.98 million (about ₹495.8 crore).
The order has been assigned to the company’s overseas wholly owned subsidiary for delivering optical fibre cable-based data centre connectivity solutions for a leading international client.
HFCL emphasized that this contract highlights the trust that global customers place in its manufacturing prowess and technological expertise.
The company anticipates finishing the execution of the order by December 2026.
Post-announcement, HFCL shares surged nearly 2% to ₹218.90 in early market activities. The stock has increased by over 30% in the last month.
