Bengaluru, May 13 -- The shares of the telecom equipment manufacturer gained up to 1 percent after the company bagged a prestigious work order from Tera Software Limited for Rs 157 crore. With a market capitalization of Rs 11,854.44 crore, the shares of HFCL Ltd were trading at Rs 82.19 per share, increasing around 0.32 percent as compared to the previous closing price of Rs 81.93 apiece.

The shares of HFCL Ltd have seen positive movement after securing a Purchase Order ("PO") aggregating to Rs 157 Crores for the supply of various types of Optical Fiber Cables for the BharatNet Phase III Project in the West Bengal Telecom Circle, from Tera Software Limited, a consortium partner of ITI Limited.

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