Shares of Himachal Futuristic Communications Limited (HFCL) surged over 4% during trading hours on Thursday, June 18 after the tech firm secured an order worth Rs 2,666 crore from  Rail Vikas Nigam Limited (RVNL).
HFCL share price advanced 4.61% intraday to Rs 198.9 apiece. The scrip was trading 3.19% higher by 10:32 am, while the benchmark Nifty 50 was up 0.06% up.
On Wednesday, HFCL informed the exchanges that it has received a Rs 2,666.09 crore order from RVNL to supply telecom equipment and related accessories including installation, commissioning and create optical fiber cable telecom network. Â
The project will require two years for implementaion and 10 years for operations and mainatinence along with one year as warranty period.
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