HFCL is currently trading at Rs. 24.95, up by 1.05 points or 4.39% from its previous closing of Rs. 23.90 on the BSE.
The scrip opened at Rs. 24.05 and has touched a high and low of Rs. 25.35 and Rs. 23.75 respectively. So far 1680865 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 25.35 on 17-Dec-2020 and a 52 week low of Rs. 8.15 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 25.35 and Rs. 21.30 respectively. The current market cap of the company is Rs. 3223.79 crore.
The promoters holding in the company stood at 39.73%, while Institutions and Non-Institutions held 2.59% and 57.67% respectively.
HFCL has started commercial production of Optical Fiber Cables for Fiber to Home Applications at new state-of-the-art Fiber to the home (FTTH) cable manufacturing facility at Hyderabad, Telangana with effective from December 16, 2020.
With the start of production at Hyderabad facility, HFCL together with its subsidiary company, viz. HTL, has become the largest manufacturer of FTTH Cables in India with a combined capacity of 6 lakh Kms per annum. The Company had earlier invested Rs 260 crore in Hyderabad plant for the manufacturing of Optical Fiber that was commissioned in January, 2020. This new state-of-the-art, automated high-speed FTTH cable facility has come up with a fresh outlay of Rs 40 crore approximately, thereby an investment of Rs 300 crore have been made in Hyderabad facility as part of the Company's expansion roadmap. It is also planned to start manufacturing certain newer type of cables for global applications in this Facility.
HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL Limited facilities in Chennai and Hosur.
Company Name | CMP |
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Vindhya Telelinks | 2032.45 |
HFCL | 129.15 |
GTL Infrastructure | 2.12 |
Bondada Engineering | 588.95 |
Suyog Telematics | 1817.50 |
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