HFCL bags ₹2,329 crore OFC supply deal from global multinational; Stock up 255% this year

HFCL secured a ₹2,329 crore OFC supply deal with a global multinational corporation for 3 years.

The contract, worth $244 million, will be executed through HFCL's overseas subsidiary from 2027 to 2029.

HFCL's stock has risen 255% this year, following a strong Q1FY27 performance with revenue more than doubling year-on-year.

The company's order book stands at ₹26,665 crore, providing strong revenue visibility.