HFCL zooms on collaborating with Microsoft to roll out private 5G solutions

09 Mar 2023 Evaluate

HFCL is currently trading at Rs. 69.48, up by 1.74 points or 2.57% from its previous closing of Rs. 67.74 on the BSE.

The scrip opened at Rs. 67.50 and has touched a high and low of Rs. 70.20 and Rs. 67.50 respectively. So far 973649 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 88.80 on 09-Dec-2022 and a 52 week low of Rs. 51.55 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 70.20 and Rs. 65.71 respectively. The current market cap of the company is Rs. 9560.26 crore.

The promoters holding in the company stood at 39.24%, while Institutions and Non-Institutions held 9.16% and 51.60% respectively.

HFCL has collaborated with Microsoft to create converged private 5G solutions that harness new age technologies of IoT, Cloud, Edge Computing, AI and Analytics to transform industry verticals that include manufacturing, retail & warehouse, mining, education, defence, railways, smart city, etc.

The company is deploying one such Private 5G enabled Industry 4.0 solution as a pilot program using Microsoft Azure public MEC and HFCL 5G Indoor Small Cell, at its Optical Fiber manufacturing plant in Hyderabad. Along the fiber production line, HFCL’s 5G small cells enable real-time fiber defect detection using video analytics and image processing. Microsoft Azure public MEC which integrates Azure compute and edge-optimized Azure services with the mobile operator’s public 5G network connectivity, analyses this video data in real-time to identify any defects and generates insights for root cause analysis and preventive care.

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 facilities in Chennai and Hosur.

HFCL Share Price

63.34 -0.04 (-0.06%)
26-May-2023 18:01 View Price Chart
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