Catenaa, Wednesday, December 10, 2025-Indian telecom equipment maker HFCL saw its shares climb as much as 2.93% to 71 rupees following the announcement of export orders valued at 6.56 billion rupees ($72.96 million) for optical fibre cables.

The orders reflect HFCL’s expanding presence in international markets and come amid steady trading, with approximately 11.5 million shares changing hands, close to the 30-day average volume.

Despite the short-term gain, HFCL shares remain down 38.7% year-to-date.

Analysts noted that the export contract could support revenue growth and improve investor sentiment in the near term, particularly as global demand for optical fibre infrastructure rises.

The company did not provide further details on delivery schedules or destination markets.

HFCL continues to compete with other Indian and international telecom equipment suppliers in both domestic and export markets.

The move aligns with India’s broader push to boost local manufacturing and expand export-oriented telecom infrastructure, driven by growing demand for broadband connectivity and optical fibre networks across Asia, Europe, and Africa.