HFCL bags advance purchase orders of ₹448 crore from BSNL, RailTel
HFCL plans to execute the order with BSNL in 240 days from the date of PO. While it will take 180 days to execute the order for RailTel.
The Indian telecom company, HFCL on Wednesday received advance purchase orders aggregating to ₹447.81 crore from Bharat Sanchar Nigam Limited (BSNL) and RailTel Corporation of India Limited (RailTel). The company plans to execute the orders in less than a year. HFCL shares scaled up to climb nearly 5% during the day.