HFCL increases capex to ₹1,800 crore for optical fibre expansion
HFCL has increased its capital expenditure to ₹1,800 crore for expanding optical fibre production capacity, including an additional 46 lakh fibre Kms. The investment of ₹820 crore will be funded through internal accruals and borrowing, reflecting strong demand in the telecom sector.
after close1 source ↓written by the desknot a recommendation
- for optical fibre
- 46 lakh fibre Kms
- for optical fibre
- 56.4 lakh fibre Kms
- will be funded
- ₹820 crore
Telecom gear maker HFCL has raised its capital expenditure to ₹1,800 crore to enhance production capacity for optical fibre and related products. This includes an additional 46 lakh fibre Kms for optical fibre and 56.4 lakh fibre Kms for optical fibre cable.
The investment of ₹820 crore will be funded through a mix of internal accruals and borrowing, supporting the growing demand in the telecom sector. 📈
Not investment advice. For informational purposes only.