Monday, 8 October 2018

HFCL gains 4% on advance purchase order of Rs 879cr

Shares of Himachal art movement Communication (HFCL) gained quite four %within the early trade on Monday once company received advance order priceRs 879 large integer.

The company has received AN advance order price Rs 879 large integer from Telecommunications Consultants India (TCIL), New Delhi.

The scope of labor includes survey, procurance, supply, trenching, laying, installation, testing and maintenance of fibre cable (OFC), accessories and GPON instrumentation within theState of Madhya Pradesh below IndiaNet Phase-II Network of state of Indiabelow Package MP3 being implementing by Bharat Sanchar Nigam.

The said contract conjointlyincludes operation and maintenance services for a amount of seven years oncepledge of 1 year.

BharatNet Programme forms one amongst the key pillars of digital India program. it's a project of national importance, bear in mind toconnect & offer broadband property at around a pair of,50,500 gram panchayats within the country.

At 09:19 hrs Himachal art movement Communication was quoting at Rs nineteen.50, up Rs 0.65, or 3.45 percent.

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