Introduction to HFCL Share: Company Information, Current Status, and New Order
The telecommunication and equipment sector of the stock market HFCL Share has received an order of Rs 82,86,00,000. Let’s take a closer look at the functioning of this company, its current position in the stock market, information about the returns, and the details of the new order received.
HFCL Ltd
The company, Himachal Futuristic Communications Limited (HFCL), was started in 1987. It is engaged in optical fiber, optical fiber cable, telecom equipment, and telecom power in the electronic sector. HFCL also works in battery management, solar solutions, telecom network, and optical transmission. Its clients include defense, railways, telecom, and private government.
Current Status of HFCL Share
The market cap of HFCL Share is Rs 11,044.41 crore, with a debt of Rs 771.11 crore. The promoter holding is recorded at 39.24%, and the company has Rs 296.41 crore available in the form of free cash. The sales of the company are Rs 2.55%, and the profit growth is recorded at -9.96%.
Returns of Last 5 Years
If we look at the returns of HFCL Share in the last 5 years, the company has given 22% returns in the last 6 months, -0.8% returns in the last 1 year, and 68% returns in the last 3 years. Investors have received returns of 27% in the last 5 years.
New Order for Rs 82,86,00,000
The quarterly results presented by HFCL Share in June 2023 were weak due to non-receipt of orders, resulting in low net sales. The current share price is Rs 77, with a 52-week high of Rs 88.80 and a 52-week low of Rs 55.75. HFCL Share has received an order of Rs 82,86,00,000 through its subsidiary HTL Limited for the supply of optical fiber cable.
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