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HFCL
has entered into a 5-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fibre Cables (OFC) through its overseas, wholly owned subsidiary. The total potential value of the contract over it's tenure is estimated at around Rs 10,159 crore, based on prevailing selling prices of OFC products being supplied. This agreement marks a significant milestone, being the first instance in the company’s history of entering into a long-term, multi-year OFC supply arrangement of this nature.
Having a merket cap of Rs 10,855 crore, the company has reported a strong Q3FY26 results. The company reported a sales of Rs 1,211 crore, up by 20% from the same period last year. Further, the company reported a Net Profit of Rs 102 crore, up by 40% from the same period last year.#StockInNews#WatchOutFor#Miscellaneous#FundamentalViews#MacroViews
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