India's HFCL up after nearly $8 mln order win

HFCL

12/04/2024 09:22

** Telecom infra components maker HFCL's  HFCL.NS  shares up
2% at 96.50 rupees
    ** Company says it got purchase orders worth about 649.3 mln
rupees ($7.8 mln) to supply optical fiber cables to a telecom
operator
    ** HFCL has been trading above its 100- and 200-day moving
averages for past one month
    ** Stock up 16.8% YTD vs Nifty 500 index's  .NIFTY500  7.2%
rise

 ($1 = 83.3650 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607))