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HFCL shares rally 8% as subsidiary secures order worth ₹1,366 crore; details here

HFCL shares rally 8% as subsidiary secures order worth ₹1,366 crore; details here

Upstox 1 week ago

Shares of Himachal Futuristic Communication Limited (HFCL) rallied 8.4% to touch an intraday high of ₹81.51 apiece on Thursday, April 9, as the firm's subsidiary bagged an order worth ₹1,366 crore.

HTL, a material subsidiary of HFCL, secured the order for the supply of optical fibre cables (OFC) from a renowned Tier-1 customer.

"These orders reaffirm the confidence reposed by our customers in the company's manufacturing capabilities, technological excellence and product quality," HFCL said in a statement.

HFCL share price

At 12:40 PM, HFCL shares were trading at ₹81.44 apiece on the National Stock Exchange, surging 8.34%.

Over the past five trading sessions, shares of the company have gained 16%, while they have rallied 19% in a month. In the last six months, the stock has jumped more than 10% and over 18% from the beginning of the year.

HFCL has a total market capitalisation of ₹12,465.23 crore, according to NSE data.

Shares of the firm had hit a 52-week high of ₹93.96 on June 10, 2025, and a 52-week low of ₹59.82 on January 27, 2026.

About HFCL

HFCL (Himachal Futuristic Communication Limited) is an India-based technology company focused on building next-generation communication and networking solutions. It specialises in the manufacturing of telecom products and optical fibre cable. HFCL also offers basic telephony and ISP services.

HFCL operates across telecom equipment, optical fibre cable, defence electronics, and turnkey EPC services. The company is known for its strong R&D capabilities and played a role in India's 5G rollout and broadband expansion.

HFCL has five manufacturing facilities in India, two each in Telangana and Tamil Nadu, and one in Goa. It caters to customers in more than 30 countries.

History of HFCL Limited

HFCL Limited was established in 1987 and began its journey as a manufacturer of telecom equipment during India's early telecom expansion phase.

It became one of the pioneers in the new-age telecom sector in India, establishing one of India's first private telecom companies.

In 1995, the company's ₹85,000 crore bid for the basic service telecom licence in India. It played a crucial role in driving the growth of the country's telecom industry.

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