HFCL is currently trading at Rs. 101.35, up by 0.40 points or 0.40% from its previous closing of Rs. 100.95 on the BSE.
The scrip opened at Rs. 101.10 and has touched a high and low of Rs. 103.00 and Rs. 100.40 respectively. So far 1007937 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 117.75 on 27-Feb-2024 and a 52 week low of Rs. 61.52 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 103.00 and Rs. 90.25 respectively. The current market cap of the company is Rs. 14614.28 crore.
The promoters holding in the company stood at 37.68%, while Institutions and Non-Institutions held 13.33% and 48.99% respectively.
HFCL’s wholly owned subsidiary -- HFCL B.V. has acquired 100% stake in Blue Diwali Sp. z.o.o., a company registered in state of Warsaw, Poland, in order to boost export market share for Optical Fiber Cable (OFC) business and to strategically position itself within the EU region to capitalise business opportunities. Consequently, Blue Diwali Sp. z.o.o., has become a wholly owned subsidiary of HFCL B.V. and also a step-down wholly owned subsidiary of the Company. The Acquisition has been completed on May 17, 2024.
Blue Diwali Sp. z.o.o. was incorporated inter-alia to carry on the business of manufacturing and trading of Optical Fiber, Optical Fiber Cables, Telecom and Networking Products and other allied activities. The acquisition will facilitate the Company's expansion endeavors in the EU region, augmenting its business presence and fostering growth opportunities.
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.
| Company Name | CMP |
|---|---|
| HFCL | 117.80 |
| Vindhya Telelinks | 2435.15 |
| GTL Infrastructure | 2.15 |
| Bondada Engineering | 2436.80 |
| Suyog Telematics | 1100.00 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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