HFCL shares surge over 5% on securing Rs 8,100 cr projects in partnership

HFCL share price surged 5.5 per cent at Rs 132.30 per share on the BSE in Wednesday’s intraday deals. This came after HFCL along with its consortium partners emerged as the lowest bidders with multiple bids exceeding more than Rs 8,100 Crores for BharatNet Phase III Project.

“HFCL-Rail Vikas Nigam Limited (RVNL)-Aerial Telecom Solutions, a consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam Limited (BSNL),