HFCL shares surged after securing a significant contract from Rail Vikas Nigam Limited for the BharatNet project. This order strengthens HFCL's telecom network presence. The company is also expanding into defence and aerospace sectors. HFCL is a key player in optical fibre cable manufacturing and is involved in AI connectivity. Its export revenue is projected to grow substantially.
HFCL shares surged 5% following a substantial Rs 2,666-crore contract from Rail Vikas Nigam Limited for the BharatNet project, significantly strengthening its telecom network presence. The company's stock has also soared 200% in the last six months, driven by expansion into new…
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