HFCL Ltd and HTL Ltd receives new orders

HFCL Ltd along with its material subsidiary, HTL Limited, has received the Purchase Orders ("PO") aggregating to ~Rs.221.95 Crores, consisting Purchase Orders of ~Rs.179.24 Crores from Reliance Projects & Property Management Services Limited for supply of Optical Fiber Cables ("OFC") and of ~Rs.42.71 Crores from Reliance Jio Infocomm Limited for supply of indigenously designed, developed and manufactured 700 MBPs and 1GPBS Point to Point Unlicensed Band Radios (UBRs).

Shares of HFCL Limited was last trading in BSE at Rs. 65.21 as compared to the previous close of Rs. 64.92. The total number of shares traded during the day was 408497 in over 2647 trades.

The stock hit an intraday high of Rs. 66.00 and intraday low of 64.05. The net turnover during the day was Rs. 26433225.00.

Source : Equity Bulls

Keywords

HFCL INE548A01028 HTL OrderWin