HFCL rises on launching two revolutionary Unlicensed Band Radio products
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HFCL is currently trading at Rs. 135.90, up by 0.95 points or 0.70% from its previous closing of Rs. 134.95 on the BSE.
The scrip opened at Rs. 135.00 and has touched a high and low of Rs. 137.75 and Rs. 134.55 respectively. So far 341998 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 171.00 on 23-Sep-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. 141.55 and Rs. 134.55 respectively. The current market cap of the company is Rs. 19613.14 crore.
The promoters holding in the company stood at 37.63%, while Institutions and Non-Institutions held 14.41% and 47.97% respectively.
HFCL has launched two revolutionary Unlicensed Band Radio (UBR) products at the India Mobile Congress 2024, Pragati Maidan, New Delhi. Promising to address the surging data demands of today’s network environments and yet maintaining sustainability, HFCL’s new launches include: (a) 1 Gbps Small Form Factor 4G/5G backhauling Radio offering unprecedented spectral and power efficiency, and (b) Energy efficient 2 Gbps Point-to-Multipoint Rural connectivity UBR.
These designed in India UBR products underline HFCL’s position as a key player in the industry for 4G/5G wireless backhauling and rural connectivity solutions. HFCL’s new UBR devices offer fibre-like speeds, power efficiency, and significant cost reductions on utilities and tower space, enabling telcos and service providers to save on CAPEX and OPEX alike. Unlike any of traditional backhauling solutions, be it fibre optics, which can be costly and limited in reach, microwave systems which have inherent capacity constraints, and E-band radios which face reliability issues, HFCL’s UBRs deliver superior performance, ultra-high capacity and high reliability at almost one-tenth cost as compared to conventional backhauling methods.
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.
