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HFCL is currently trading at Rs. 78.80, up by 1.45 points or 1.87% from its previous closing of Rs. 77.35 on the BSE.

The scrip opened at Rs. 77.25 and has touched a high and low of Rs. 80.20 and Rs. 76.65 respectively. So far 1269748 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 101.35 on 17-Jan-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. 80.20 and Rs. 73.20 respectively. The current market cap of the company is Rs. 10863.62 crore.

The promoters holding in the company stood at 39.20%, while Institutions and Non-Institutions held 8.84% and 51.96% respectively.

HFCL has entered into an agreement with Qualcomm Technologies Inc., for HFCL’s design and development of 5G Outdoor Small Cell products. In continuation with its 5G strategy, HFCL’s investment in 5G Outdoor Small Cell products will enable faster rollout of 5G networks, improved 5G user experience and more efficient utilization of 5G spectrum.

Small cells will play a critical role in 5G networks due to the introduction of higher spectrum bands, which necessitate denser network deployments to support larger traffic volumes. Small cell deployments help to enhance coverage in places where existing macro cells have coverage holes or blackspots, or where coverage does not exist all. In addition, small cells provide capacity enhancements by offloading traffic from macro cells in densely occupied locations.

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.