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HFCL shares react after company bags optical fibre cable orders worth ₹76 croreEarlier this year, in January, HFCL had bagged a ₹2,501-crore advance work order from BSNL.By Juviraj Anchil  May 19, 2025, 7:59:39 AM IST (Published)1 Min ReadGurugram-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 executed by September 2025, the order that HFCL has received from ITI, needs to be executed next month, that is by June.

Previous Order

Earlier this year, in January, HFCL had bagged a ₹2,501-crore advance work order from BSNL.

This particular deal entailed the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet Phase-III in the Punjab telecom circle.

Shares of HFCL ended 1.8% lower on Friday at ₹88.42. The stock has risen only 3% in the last one month, but is down 22% so far in 2025. The stock has nearly halved from its 52-week high level of ₹171.Continue Reading(Edited by : Hormaz Fatakia)Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagscompaniesHFCLinternetOptical Fibre