HFCL Shares Extend Winning Streak, Surge 4% on ₹2,666 Crore BharatNet Order

Shares of $HFCL climbed nearly 4% today, marking their fifth consecutive session of gains, after the company secured a major ₹2,666.09 crore contract from Rail Vikas Nigam Limited for the BharatNet Phase-III project in Uttar Pradesh. The contract involves supplying telecom equipment and related accessories, building an optical fiber cable telecom network, and maintaining the infrastructure for 10 years. Investors cheered the significant order win, which strengthens HFCL’s order book and enhances long-term revenue visibility. The continued buying interest reflects optimism about the company’s growth prospects in India’s expanding digital connectivity and telecom infrastructure sector. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.