Net profit of Himachal Futuristic Communications rose 6.46% to Rs 48.42 crore in the quarter ended December 2018 as against Rs 45.48 crore during the previous quarter ended December 2017. Sales rose 54.73% to Rs 1105.64 crore in the quarter ended December 2018 as against Rs 714.56 crore during the previous quarter ended December 2017.

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Himachal Futuristic Communications will hold a meeting of the Board of Directors of the Company on 8 February 2019.

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The announcement was made after market hours yesterday, 10 January 2019.

Meanwhile, the S&P BSE Sensex was down 40.38 points, or 0.11% to 36,066.12

On the BSE, 8.51 lakh shares were traded in the counter so far, compared with average daily volumes of 9.08 lakh shares in the past two weeks. The stock had hit a high of Rs 24.50 and a low of Rs 23.75 so far during the day.

Himachal Futuristic Communications (HFCL) announced that it has won orders of Rs 502.73 crore for supply of optical fibre cables (OFC) from Larsen & Toubro (L&T) and a consortium led by ITI. Order from L&T amounts to Rs 147.73 crore for supply of 16,882 KM OFC which shall be used by L&T for creating OFC Network infrastructure in Andhra Pradesh under BharatNet Phase-11 Project.

Another order has been received from ITI led consortium valued at Rs 355 crore for supply of 37,798 KM OFC to be deployed by them in Maharashtra under BharatNet Phase-11 Project.

Net profit of Himachal Futuristic Communications rose 57.97% to Rs 39.76 crore on 97.64% rise in net sales to Rs 1137.41 crore in Q2 September 2018 over Q2 September 2017.

HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its manufacturing facilities at Solan, Goa and Chennai.

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Vakrangee Ltd, Monsanto India Ltd, Housing Development & Infrastructure Ltd and Page Industries Ltd are among the other gainers in the BSE's 'A' group today, 08 January 2019.

Himachal Futuristic Communications Ltd surged 8.71% to Rs 23.1 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 20.28 lakh shares were traded on the counter so far as against the average daily volumes of 6.95 lakh shares in the past one month.

Vakrangee Ltd soared 4.99% to Rs 37.85. The stock was the second biggest gainer in 'A' group. On the BSE, 4.6 lakh shares were traded on the counter so far as against the average daily volumes of 15.4 lakh shares in the past one month.

Monsanto India Ltd spiked 4.28% to Rs 2692. The stock was the third biggest gainer in 'A' group. On the BSE, 4577 shares were traded on the counter so far as against the average daily volumes of 205 shares in the past one month.

Housing Development & Infrastructure Ltd exploded 4.23% to Rs 28.35. The stock was the fourth biggest gainer in 'A' group. On the BSE, 8.78 lakh shares were traded on the counter so far as against the average daily volumes of 8.94 lakh shares in the past one month.

Page Industries Ltd gained 3.83% to Rs 22745. The stock was the fifth biggest gainer in 'A' group. On the BSE, 13731 shares were traded on the counter so far as against the average daily volumes of 2311 shares in the past one month.

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