HFCL Ltd Share Price – NSE  /  BSE

Infrastructure Developers & Operators, Small Cap

The order is bagged from one of the leading private telecom operators of the country and it is to be executed by July 2024.

HFCL is a leading technology company specializing in creating digital networks for telcos, enterprises, and governments. Over the years, HFCL has emerged as a trusted partner offering sustainable high-tech solutions with a commitment to providing the latest technology products to its customers. HFCL’s strong R&D expertise coupled with its global system integration services and decades of experience in fiber optics enable it to deliver innovative digital network solutions required for the most advanced networks.

The company's consolidated net profit declined 14.44% to Rs 82.24 crore on 4.92% fall in revenue from operations to Rs 1,032.31 crore in Q3 FY24 over Q3 FY23.

The company's consolidated net profit declined 14.44% to Rs 82.24 crore on 4.92% fall in revenue from operations to Rs 1,032.31 crore in Q3 FY24 over Q3 FY23.

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HFCL has received purchase order of Rs 64.93 crore for supply of optical fibre cables to one of the leading telecom operators of the country.

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HFCL has allotted 17 lakh equity shares of Rs 1 each on conversion of warrants on 11 April 2024. With this allotment, the paid up equity share capital has increased to Rs 144,26,72,812/- consisting of 144,26,72,812 equity shares of Rs 1/- each.

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HFCL has allotted 22 lakh equity shares of Re 1 each on conversion of 22 lakh warrants on 22 March 2024. Consequently, the paid up equity share capital has increased to Rs 144,09,72,812/- consisting of 144,09,72,812 equity shares of Re 1/- each.

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