HFCL shares touched a day high of Rs 217 on 12 November, up 2%, after the company won export orders worth Rs 834.36 crore.

The telecom equipment maker told exchanges about the win before trading began. The filing hit the NSE feed at 8:05 am.

The orders are for optical fibre cables, which use hair-thin glass strands to carry internet and phone data over long distances.

In its filing, HFCL described the buyer only as ‘a renowned international customer’.

The orders are valued at $88.94 million and will go out through an overseas wholly owned subsidiary.

Delivery is due by June 2027. This is not HFCL’s first big export win in recent months.

On 1 September, it bagged a Rs 2,329 crore deal, worth about $244 million, to supply cables over three years.

Two smaller orders worth Rs 495.8 crore and Rs 441.53 crore came in July. HFCL’s latest results show a business growing fast.

For the September quarter, which it reported on 19 October, profit came in at Rs 394.22 crore, more than five times the Rs 71.92 crore a year earlier.

Revenue was Rs 2,541.79 crore, more than double the year-ago figure. The order book, meaning work already contracted but not yet delivered, stood at Rs 28,911 crore at the end of September.

Management has said it expects revenue to grow at least 80% in FY27 compared with FY26.

At 10:24 am on NSE, HFCL was trading at Rs 211.51, down 0.41% from the previous close of Rs 212.38, after opening at Rs 215 and slipping through the morning session.

The stock is down about 20% over the past month. It is still up roughly 207% in 2026 so far, and sits below its 52-week high of Rs 282.25 from 21 October. Its market value is about Rs 32,374 crore.

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