The all-round performance was powered by change in revenue mix, accelerated project execution and efficiency improvement
The company closed FY19 with the highest ever order book of Rs 11,350 crore on increased customer demand.
HFCL won the contract despite a tough competition from Larsen & Toubro and other leading global players, including the Chinese
HFCL has won a contract of Rs 5.7bn from BSNL for providing connectivity to remote villages in Assam.
The stock rallied 8% to Rs 30.10, its highest level since February 8, 2008 on the NSE.
The stock hit the upper circuit twice last week
The stock trading at its 52-week high of Rs 28.15, zoomed 32% from Rs 21.35 on Tuesday, September 5