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Monday 18 September 2023

HFCL | CMP Rs 74

 Shares darted up 2 percent after the company won an order from Madhya Pradesh Jal Nigam. The order value aggregates to Rs 1,015 crore and entails providing EPC Services including provision for laying of optical fiber cables on critical and important routes, for the execution of a multi-village drinking water supply network in the Sheopur district of Madhya Pradesh. The said project will be executed by the company in collaboration with Khilari Infrastructure Private Limited as a consortium partner. The project is to be executed within 24 months from the date of order. The stock erased gains as it was trading 6 percent higher today.

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