HFCL Secures Rs.2,329 Crore Long-Term OFC Supply Agreement
"HFCL has secured a three-year OFC supply agreement valued at approximately Rs.2,329 crore with a global multinational corporation."
HFCL Bags Rs.2,329 Crore OFC Supply Agreement
HFCL Limited has entered into a significant long-term supply agreement for Optical Fiber Cables with a global multinational corporation. The agreement has an estimated value of around Rs.2,329 crore (USD 244 million).
Under the arrangement, HFCL will supply high-fibre-count Optical Fiber Cables to the customer, strengthening its presence in the global telecom infrastructure market.
Order Details
- Agreement Value: Approximately Rs.2,329 crore (USD 244 million).
- Customer: A global multinational corporation.
- Product: High-fibre-count Optical Fiber Cables (OFC).
- Nature: Long-term supply agreement.
- Sector: Telecom and digital infrastructure.
What to Watch Next
Investors may track the commencement of supplies in 2027 and the pace of execution through 2029. Further international orders, production capacity and developments in HFCL's OFC business could also remain important factors to watch.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
Other News
Dachepalli Publishers FY26 Profit Rises 82% to Rs.15.20 Crore
Dachepalli Publishers Limited has approved its audited financial results for the financial year ended March 31, 2026. The company reported a 42.23% rise in total revenue to Rs.91.39 crore, while net profit increased by 81.79% to Rs.15.20 crore compared with the previous financial year.
Tata Power Renewable Energy Crosses 7 GW Operational Capacity with New Solar Project
Tata Power Renewable Energy Limited (TPREL) has commissioned a 100 MW Group Captive Solar Project at Kayathar, Tamil Nadu. The commissioning takes TPREL’s operational renewable energy capacity beyond 7 GW, while its overall utility-scale portfolio, including projects under development, reaches 12.3 GW.
Tata Chemicals Acquires Soda Ash Customer Contracts for USD 21.16 Million
Tata Chemicals North America Inc. (TCNA), a wholly owned subsidiary of Tata Chemicals Ltd., has acquired certain soda ash customer contracts from Searles Valley Minerals Inc. (SVM), USA, for a cash consideration of USD 21.16 million. The contracts cover more than half a million metric tonnes of customer orders and are expected to be serviced through December 2028.