HFCL Share Price | Update on HFCL company, signs of rocket boom, Reliance's stake in the company – NSE: HFCL
HFCL Share Price | Shares of HFCL Limited company witnessed a strong rally on Friday 17th January 2025 after the update of getting the contract from BSNL came out. Shares of HFCL were trading 4.29 percent higher during the day's trade on Friday. HFCL Limited has got a new contract worth Rs 2,501 crore from BSNL.
Contract details given to HFCL company
HFCL Limited has received a contract worth Rs 2,501.30 crore for Bharat Net Phase-3 in Punjab Telecom Circle. HFCL has been entrusted with the responsibility of design, supply, construction, installation, upgradation, operation and maintenance of middle mile network in Punjab Telecom Circle. HFCL will have to complete the contract in three years, while the company will also have to maintain it for 10 years.
What does HFCL do?
HFCL is a company engaged in designing and manufacturing of Telecom Infrastructure Solutions, Himachal Futuristic Communications Limited. Apart from this, HFCL company also produces and designs optical fiber cables. HFCL also manufactures indoor and outdoor Wi-Fi access points, switches, routers and radio relays.
HFCL Company Share Current Status
On Friday, January 17, 2025, shares of HFCL were trading 0.66 percent higher at Rs 103.02. The shares of Himachal Futuristic Communications Limited Company had a 52-week high of Rs 171, while the stock had a 52-week low of Rs 80.25. The total market cap of HFCL currently stands at Rs 14,881 crore.
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