Multibagger HFCL shares surge 9% to record high on Rs.135 crore RailTel order; stock up 160% in under 2 months
New Delhi, May 27 -- Extending its record winning run, HFCL (Himachal Futuristic Communications Limited) shares gained another 9% in Wednesday's trade, 27 May, to reach a fresh all-time high of Rs.176.50 apiece following another order win, keeping demand for the counter intact on Dalal Street despite sharp volatility.
The company today announced that it had received a purchase order worth Rs.135.09 crore from RailTel Corporation of India Limited. The order is for an Annual Maintenance Contract (AMC) for secure OPS network infrastructure for a period of five years.
Under this AMC contract, the company said it will provide end-to-end maintenance support services aimed at ensuring high availability, reliability, and security of the network...
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