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HFCL Rises 2% As Co Receives Purchase Order Worth Rs 558 Cr From BSNL

Share price of Himachal Futuristic Communication (HFCL) ended higher by 2 percent on Tuesday as company received purchase order from BSNL.

The company received purchase orders for Rs 558.36 crore from Bharat Sanchar Nigam (BSNL).

The order includes planning, designing, procurement, installation, integration, commissioning, testing, training, documentation and maintenance of Hybrid Microwave broadband radio links including repeaters, EMS/NMS and antenna towers and accessories on turnkey basis for pan India Defence Network.

However, the share touched a 52-week low of Rs 18.45. Himachal Futuristic Communication ended at Rs 19.40, up Rs 0.40, or 2.11 percent on the BSE. – Money Control
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