HFCL approves ₹820 crore capex for optical expansion

HFCL approves ₹820 crore additional capex for optical fibre, cable, and preform capacity. The move aims to strengthen its position in the high-speed connectivity segment. This brings total planned investments to ₹1,200 crore in the current phase. Demand for optical infrastructure is rising due to 5G rollout and rural broadband projects.

📊 STOCKS: HFCL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Capex