Rs 6,151 Crore Order Book: Telecom Infrastructure Company Bags New Order Worth Rs R 2,167.65Crore From Rail Vikas Nigam Ltd (RVNL)

The stock is up by 27.2 per cent from its 52-week low of Rs 81.22 per share and gave multibagger returns of 500 per cent in 5 years.

HFCL Limited secured Advance Purchase Orders (APOs) from Rail Vikas Nigam Limited (RVNL) amounting to approximately Rs 2,167.65 crore. These APOs are for the supply of Optical Fiber Cables, Telecom Equipment, and related accessories, along with the provision of annual maintenance for the telecom equipment for ten years, including a one-year warranty period. This project encompasses BharatNet Phase III in the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles. The order execution period is three years for material supply followed by ten years of annual maintenance.

Earlier, HFCL secured a Rs 2,501.30 crore Advance Work Order from BSNL for the BharatNet Phase III middle-mile network in Punjab, solidifying its position in the telecom infrastructure sector. This Design, Build, Operate, and Maintain (DBOM) project involves a three-year construction phase and a subsequent ten-year maintenance period, with a total expenditure of Rs 1,244.61 crore for capital and Rs 1,256.70 crore for operations. This significant win underscores HFCL's commitment to expanding and modernizing India's digital infrastructure.

About the Company

HFCL is a leading technology provider specializing in building digital networks for telecom operators, businesses, and governments. With a strong foundation in fibre optics and decades of experience, HFCL offers sustainable, high-tech solutions, including 5G RAN and transport, Wi-Fi systems, and defence electronics. Its robust R&D centres in India and abroad continuously innovate cutting-edge products. Manufacturing facilities across India produce high-quality optical fibre, cables and telecom equipment, aligning with government initiatives like the PLI scheme. HFCL is a trusted partner for customers worldwide, committed to quality, sustainability, and meeting evolving network demands.

Order Book Update: As of September 2024, the company’s order book stands at Rs 6,151 crore. Out of the total order book, Government orders are worth Rs 4,183 crore and private company orders are worth Rs 1,968 crore.

The company has a market cap of over Rs 14,000 crore. The stock is up by 27.2 per cent from its 52-week low of Rs 81.22 per share and gave multibagger returns of 500 per cent in 5 years. Investors should keep an eye on this multibagger telecom infrastructure stock.  

Disclaimer: The article is for informational purposes only and not investment advice.