HFCL Secures Export Orders for Optical Fibre Cables Worth ₹834 Crore; Shares Trade 1.4% Higher

Mumbai, November 12: HFCL Limited announced that it has secured export orders worth ₹834.36 crore, equivalent to approximately USD 88.94 million, for the supply of optical fibre cables. The orders have been awarded by an international customer and will be executed as per the agreed specifications and product quality requirements. The company informed stock exchanges about the development on November 12, 2026. According to its regulatory filing, the contracts reflect continued international demand for its optical fibre cable products and strengthen its export order pipeline.

HFCL Wins ₹834.36 Crore International Optical Fibre Cable Orders

HFCL confirmed that the newly secured export orders cover the supply of optical fibre cables to an international customer. The total consideration stands at ₹834.36 crore, making it a sizeable addition to the company’s export business. The contracts are international in nature, with execution scheduled to be completed by June 2027. According to the company’s disclosure, the orders were awarded under general contractual conditions and involve the supply of optical fibre cables manufactured according to customer specifications. HFCL stated that the orders reflect customer confidence in its manufacturing capabilities, technological expertise and product quality. The company also clarified that neither its promoter nor promoter group has any interest in the entity awarding the contracts. The orders do not qualify as related-party transactions. The latest development adds to HFCL’s international business activity, particularly in the optical fibre cable segment, which supports telecommunications and digital connectivity infrastructure. Execution of the orders will depend on manufacturing schedules, product specifications and delivery commitments agreed with the international customer.

Stock Market Snapshot

HFCL share price traded higher during the morning session on November 12, 2026, following the announcement of the export orders. Based on the supplied intraday chart, the stock was trading at approximately ₹215.30 around 9:39 AM IST, compared with a previous closing reference level near ₹212.40. This indicates an approximate gain of ₹2.90, or 1.37%, over the previous closing level. The stock opened near ₹223 and witnessed selling pressure during the initial minutes of trading, declining towards ₹215 by approximately 9:05 AM IST. After fluctuating between ₹214 and ₹217 during the subsequent trading period, the share price recovered to around ₹217 near 9:35 AM IST before easing slightly.

About HFCL

HFCL Limited is an Indian technology and telecommunications equipment company engaged in manufacturing optical fibre cables, telecom equipment and communication solutions. The company provides products and services supporting telecommunications networks, broadband connectivity and digital infrastructure development. Its operations include optical fibre cable manufacturing, telecom network solutions and research-led communication technologies. HFCL serves customers in India and international markets, with its products used in telecommunications infrastructure and related connectivity applications. The company’s shares are listed on the BSE under code 500183 and on the National Stock Exchange under the symbol HFCL.

Conclusion

HFCL’s ₹834.36 crore export order announcement represents a significant addition to its international optical fibre cable business. The contracts, expected to be executed by June 2027, provide visibility into future supply commitments and export activity. The orders also reflect continued customer demand for HFCL’s optical fibre cable products across international markets. While the company’s shares traded higher during the morning session on November 12, the financial contribution from these contracts will depend on their execution schedule, delivery milestones and applicable revenue recognition. The development places HFCL’s export business in focus as the company works towards fulfilling its latest international supply commitments.

Source: 

• https://www.nseindia.com/get-quote/equity/HFCL/HFCL-Limited