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HFCL incorporates wholly-owned subsidiary

29 Jun 2021 Evaluate

HFCL has incorporated a wholly-owned subsidiary company namely, HFCL Technologies, by subscribing 10 lakh shares of Rs 10 each. HFCL Technologies proposes to deal in various electronics and telecommunication equipment.

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 206.60
Bondada Engineering 295.50
Pace Digitek 162.45
GTL Infrastructure 1.09
STL Networks 43.53
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