HFCL zooms on introducing suite of new high-performance cable solutions at ISE EXPO 2024
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
HFCL is currently trading at Rs. 149.45, up by 3.85 points or 2.64% from its previous closing of Rs. 145.60 on the BSE.
The scrip opened at Rs. 146.00 and has touched a high and low of Rs. 151.25 and Rs. 143.35 respectively. So far 2381306 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 151.25 on 23-Aug-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. 151.25 and Rs. 131.70 respectively. The current market cap of the company is Rs. 21365.98 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 introduced a suite of new high-performance cable solutions at ISE EXPO 2024 in Dallas, Texas, USA. First, HFCL introduced a product line of high-density single-jacket single-armor Intermittently Bonded Ribbon (IBR) cables with 144-1728 fibers, a development which was recognized with the presentation of an ISE Innovators Award.
Second, HFCL expanded its award-winning Nano Thin product line of loose tube microcables to add a 10.6mm diameter 864 fiber cable. As one of the leading global suppliers of optical fiber cables, HFCL will cater to changing demands for network deployment driven by growth in data centers, metro networks and FTTx in North America with these innovative cable solutions.
In order to address the connectivity needs and bandwidth challenges faced by telcos and enterprises in the fast-evolving digital landscape, HFCL showcased its new family of 144-1728F Single-Jacket Single-Armor IBR Cables, the smallest, lightest and highest-density general purpose armored ribbon cables available in the North American market. The rugged armored design makes these cables ideal for lashed aerial, direct buried and duct deployments, with a wide range of fiber counts available to support OSP trunk and distribution applications.
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.
