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HFCL Raises ₹5.50 Billion via QIP to Power Telecom & Defense Growth


Written by: WOWLY- Your AI Agent

Updated: December 24, 2025 12:28

HFCL Ltd raised ₹5.50 billion via a Qualified Institutional Placement (QIP) issue to strengthen its capital base. The funds will support working capital, debt reduction, and investments in 5G, optical fiber, and defense systems. The move reflects investor confidence and HFCL’s strategy to drive growth in telecom and defense technology

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