India's HFCL rises on $122-mln order win

HFCL

18/09/2023 05:12

** Shares of HFCL  HFCL.NS  up as much as 6.4% to 77.55
rupees, steepest intraday pct gain since Sept. 5
    ** Telecom equipment and optical fiber cables maker said it
received a 10.15 bln rupee ($122.1 mln) order from govt-owned
Madhya Pradesh Jal Nigam
    ** Over 8.4 mln shares change hands as of 09:32 a.m. IST,
0.5x the 30-day moving avg 
    ** Stock last up 4%; down ~1% so far this year


($1 = 83.1090 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))