HFCL share price in focus after firm secures ₹106 crore order from foreign client; details here

HFCL share price is set to be in focus of the stock market investors on Monday, May 18, after the company over the weekend secured a ₹106.19 crore ($11.07 million) optical fibre cable supply order from an international client, according to an exchange filing.

In the NSE filing, HFCL disclosed that the company will supply optical fibre cables to an unnamed international client, using an overseas wholly-owned subsidiary, for a payment of the agreed contract value.

“We are pleased to inform all stakeholders that the Company has secured export order worth ~ $11.07 million (equivalent to ₹106.19 crore, for the supply of optical fiber cables, through its overseas wholly owned subsidiary, from a renowned international customer,” HFCL informed the stock exchanges on Saturday, May 16.

According to the exchange filing, the company said that the supply order as per the customer’s is set to be executed by August 2026.

HFCL share price trend

HFCL shares closed 2.44% lower at ₹147.89 after Friday’s trading session, compared to ₹151.59 at the previous market close, according to NSE data. The company announced its order update on Saturday midnight.

Shares of HFCL have delivered more than 255% returns in the last five years, over 125% gains in the last three years, and more than 66% returns in the past one year, as per the exchange data.