HFCL share price gained 4.29 per cent at Rs 106.80 a piece on the BSE in Friday’s intraday trade. This came after the company bagged an advance work order worth Rs 2,501 crore.
“We are pleased to inform to all our stakeholders that the Company has successfully secured an Advance Work Order (“AWO”) aggregating to ~INR 2,501.30 Crores for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet Phase III in the Punjab Telecom Circle, from Bharat Sanchar Nigam Limited (“BSNL”),” the company said in an exchange filing on Thursday.