HFCL Limited stock hits upper circuit after 203% rally
HFCL wins BharatNet and defense orders
The company has been expanding its product lineup and investing in tech innovation, thanks to strong financials, which helps it stay ahead in telecom equipment manufacturing.
HFCL's recent success is tied to major deals, including a ₹2,666.09 crore project with Rail Vikas Nigam Ltd. for BharatNet Phase-3 in Uttar Pradesh and another defense network order worth ₹135.09 crore.
These wins are boosting its reputation in India's telecom sector.
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