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HFCL’s promoter hikes stake in the company

25 Nov 2020 Evaluate

HFCL’s promoter -- MN Ventures has acquired 5 lakh equity shares of the company from the open market. The transaction has raised its holding to 22.48 per cent from 22.44 per cent.

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.

Peers
Company Name CMP
HFCL 215.90
Bondada Engineering 276.10
Pace Digitek 162.25
GTL Infrastructure 1.09
STL Networks 49.39
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