HFCL Share Price Jump 7% in the Past Week; Company Strikes Billion-Dollar Deal

Under this, the company will supply high-quality, high-fibre-count optical fibre cables. The supplies will be executed through its wholly owned overseas subsidiary. It is the first time the company has signed a long-term, multi-year OFC supply agreement of this scale.

Agreement Details

• The company will supply a minimum quantity of multi-million fibre kilometres (fkm) of OFC each year. The supply period will start from 2026 to 2028, which shall automatically extend to two additional calendar years i.e. 2029 and 2030.
• Purchase orders will be released periodically during the contract period. They will depend on project-wise and specification-wise requirements.
• Additionally, HFCL’s wholly owned subsidiary will also be eligible to supply OFC to the customer’s assignees and authorised affiliates.

The contract is expected to be executed by December 2030.

Why is this strategically important?

It is very important to note that only a limited number of manufacturers globally have the technology, precision and scale to produce such complex OFC products. This agreement therefore strengthens HFCL’s competitive position in the global optical fibre cable market. It also supports the company’s long-term growth outlook.

Q3 2025-26 Earnings (Consolidated)

• Revenue for Q3 2025-26 stood at ₹1210.79 crore, compared to ₹1043.34 crore in Q2 2025-26 and ₹1011.95 crore in Q3 2024-25.
• EBITDA stood at ₹243.52 crore, compared to ₹203.37 crore in Q2 2025-26 and ₹171.89 crore in Q3 2024-25, with an EBITDA margin of 20.11%.
• Profit after tax stood at ₹102.37 crore, compared to ₹71.92 crore in Q2 2025-26 and ₹72.58 crore in Q3 2024-25, with a PAT margin of 8.45%.

About HFCL Limited

HFCL is a leading player in the telecom, defence, and enterprise connectivity ecosystems. HFCL is at the forefront of India’s telecom and digital infrastructure growth, enabling 5G rollouts and fibre connectivity.

HFCL Share Price Jumps 7% in the Past Week

HFCL Limited shares traded higher in early market hours on March 13, 2026. The stock was trading at ₹75.06, up ₹0.59 or 0.79% from its previous close of ₹74.47.

The stock opened stronger at ₹76.00. During the session, it touched an intraday high of ₹77.20 and a low of ₹73.52.

In the past one week, the stock has delivered a strong return of 7.57%, indicating renewed buying interest in the counter. On a year-to-date (YTD) basis, the stock is also in positive territory with gains of 8.69%.

However, the one-year performance remains negative. The stock has declined 3.40% over the last 12 months.