By BullScreen Editorial Team 
Shares of Himachal Futuristic Communications Limited (HFCL) rose sharply on Thursday after its subsidiary, HTL Limited, secured a major domestic contract worth around ₹1,366 crore for supplying optical fiber cables (OFC).
The stock gained 6.98%, or ₹5.25, to trade at ₹80.42 on the National Stock Exchange (NSE) by 10:39 am. HFCL opened at ₹75.39, touched a high of ₹81.40, and a low of ₹75.25 during the session.
HTL Limited announced that the order came from a Tier-1 customer and involves delivering optical fiber cables as per client specifications. The project is slated for completion by December 2026, with the total contract value inclusive of applicable GST.
Market analysts said the deal strengthens HFCL’s order book and improves revenue visibility over the medium term. The contract is also seen as a positive signal for the company, which benefits from the growing demand for optical fiber infrastructure in India’s expanding telecom sector.
HFCL, a prominent player in India’s telecom and defense technology market, specializes in optical fiber cables, broadband equipment, and advanced networking solutions. The company is also active in R&D-driven innovation, developing IP MPLS routers, Wi-Fi systems, and next-generation connectivity products.
Beyond telecom, HFCL has ventured into defense manufacturing, supplying advanced systems such as thermal weapon sights and radar solutions to international markets, including Europe, Africa, and the United States.
Investors view the HTL order as a significant growth trigger, reflecting strong demand in India’s fiber optic segment and reinforcing HFCL’s position as a key supplier of critical telecom infrastructure.