HFCL raises capex to ₹1,800 crore for optical fibre expansion
pre-market1 source ↓written by the desknot a recommendation
- for optical fibre
- 46 lakh fibre Kms
- for optical fibre
- 56.4 lakh fibre Kms
Telecom gear maker HFCL has increased its capital expenditure to ₹1,800 crore to boost production capacity for optical fibre and related products. The board approved an additional 46 lakh fibre Kms for optical fibre and 56.4 lakh fibre Kms for optical fibre cable. This expansion will be funded through a mix of internal accruals and borrowing.
Not investment advice. For informational purposes only.