FinanceDalal Street Investment Journal

Stock Below Rs 200: This Multibagger Telecom & Defence Company Secures Rs 441 Crore Export Order for Optical Fiber Cables

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  1. HFCL secured an export order worth approximately Rs 441.53 crore for the supply of optical fiber cables.

  2. The order was awarded by a renowned international customer and will be executed through HFCL's overseas wholly owned subsidiary.

  3. Execution of the contract is scheduled to be completed by January 2027.

  4. HFCL's share price declined 2.36% to Rs 189.00 after the announcement, despite positive market sentiment.

  5. The order strengthens HFCL's international business and expands its export portfolio in optical fiber cables.

Stock Below Rs 200: This Multibagger Telecom & Defence Company Secures Rs 441 Crore Export Order for… · in5points