Bengaluru, May 19 -- The shares of the telecom equipment manufacturer gained up to 5 percent after the company bagged prestigious work orders from domestic and international clients worth Rs 76.21 Crores.

With a market capitalization of Rs 13,158.62 crore, the shares of HFCL Ltd were trading at Rs 91.21 per share, increasing around 3.06 percent as compared to the previous closing price of Rs 88.50 apiece.

The shares of HFCL Ltd have seen positive movement after securing purchase orders worth Rs 76.21 Crores, including an export order of USD 6.91 Million (Rs 59.19 Crores) from an overseas telecom firm and a domestic order of Rs 17.02 Crores from ITI Limited, for optical fiber cable supply. Additionally, on May 16, the government introduc...