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Stocks of Mukesh Ambani-owned companies dip up to 58% from 2024 high

Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable, part of RIL-group holdings, were seen trading with huge losses even as RIL stock hit a 8-month high on Wednesday.

Stocks of Mukesh Ambani-owned companies dip up to 58% from 2024 high
Updated On : 11 Jun 2025 | 1:43 PM IST

HFCL Q4 results: Net loss at ₹83 crore, revenue declines 39% to ₹800 crore

The Board of Directors has declared a 10 per cent dividend for the financial year 2024-25, translating to ₹0.10 per equity share with a face value of ₹1 each

HFCL Q4 results: Net loss at ₹83 crore, revenue declines 39% to ₹800 crore
Updated On : 22 May 2025 | 9:30 PM IST

HFCL shares up 5% on order wins worth ₹76 crore; stock up 25% in 6 sessions

HFCL shares rose nearly 5 per cent after the company received purchase orders worth ₹76.21 crore from two companies

HFCL shares up 5% on order wins worth ₹76 crore; stock up 25% in 6 sessions
Updated On : 19 May 2025 | 1:32 PM IST

HFCL shares gain over 2% on bagging Rs 44-crore contract from Indian Army

HFCL shares saw increased buying interest from investors after it announced late on Friday, March 7, that it's material subsidiary, has received an order worth Rs 44.36 crore from the Indian Army

HFCL shares gain over 2% on bagging Rs 44-crore contract from Indian Army
Updated On : 10 Mar 2025 | 2:13 PM IST

HFCL eyes growth from overseas sales, sets Rs 10,000-cr revenue target

Domestic telecom gear maker HFCL is betting big on growth from overseas sales and uptake of defence supplies as the company looks to become a Rs 10,000-crore revenue enterprise, a top company official said. Mahendra Nahata Managing Director HFCL during the company's recent investor call said the firm had an order book of Rs 10,000 crore as on December 31, 2024. "We are increasing our presence by appointing our own employees, distributors, and dealers in key global markets. Our goal is to achieve a substantial rise in export revenue from our optic fibre segment, with a significant portion of revenue coming from international markets in the coming years. Additionally, we aim for a considerable share of our telecom segment revenue to be export-driven," Nahata said. He said the company's board has granted approval for a strategic expansion into Europe by way of setting up an optical fibre cable manufacturing facility in Poland. "The European Commission on December 16, 2024 announced th

HFCL eyes growth from overseas sales, sets Rs 10,000-cr revenue target
Updated On : 16 Feb 2025 | 5:20 PM IST

HFCL shares down 3% after posting Q3 results; PAT down 10%; revenue 2%

HFCL reported 10 per cent decline in net profit to Rs 74 crore as compared to Rs 82.24 crore a year ago

HFCL shares down 3% after posting Q3 results; PAT down 10%; revenue 2%
Updated On : 04 Feb 2025 | 1:38 PM IST

HFCL Q3 results: PAT dips 11.95% to Rs 72.58 cr, revenue at Rs 1,011.95 cr

Domestic telecom gear maker HFCL posted an 11.95 per cent decline in consolidated profit after tax to Rs 72.58 crore in the third quarter ended December 31, 2025. The company posted a profit after tax (PAT) of Rs 82.43 crore in the same period a year ago. HFCL's PAT on a quarter-on-quarter basis was almost flat. HFCL managing director, Mahendra Nahata said that despite a dynamic and challenging market environment, HFCL has demonstrated resilience with a stable quarterly performance. "Our unwavering commitment to innovation and strategic growth continues to drive us forward. The recent BharatNet order wins are a testament to our expertise in strengthening India's digital infrastructure, reinforcing our position as a trusted technology partner in the Country's broadband revolution," he said. The consolidated revenue of the company declined by 1.97 per cent to Rs 1,011.95 crore in the December quarter from Rs 1032.31 crore a year ago. HFCL along with its consortium partners emerged a

HFCL Q3 results: PAT dips 11.95% to Rs 72.58 cr, revenue at Rs 1,011.95 cr
Updated On : 03 Feb 2025 | 11:06 PM IST

HFCL shares surge 4% after bagging Rs 2,501 cr contract from BSNL

HFCL share price gained 4.29 per cent at Rs 106.80 a piece on the BSE in Friday's intraday trade

HFCL shares surge 4% after bagging Rs 2,501 cr contract from BSNL
Updated On : 17 Jan 2025 | 10:46 AM IST

RVNL, TVS Motor see Death Cross after 3 yrs; HFCL flags warning on chart

Technically, a Death Cross pattern implies bearish implications; Chart shows that RVNL, TVS Motor and HFCL could slide up to 25 per cent from present levels.

RVNL, TVS Motor see Death Cross after 3 yrs; HFCL flags warning on chart
Updated On : 15 Jan 2025 | 1:15 PM IST

HFCL share price rises 5% off lows on foray into defence manufacturing biz

HDFC share: HFCL has inaugurated an advanced defence equipment manufacturing facility in Hosur, Tamil Nadu

HFCL share price rises 5% off lows on foray into defence manufacturing biz
Updated On : 24 Dec 2024 | 2:30 PM IST

Stock market crash over? Mid-, Small-caps surge; 5 key scrips to track

Broader indices have outperformed the Sensex and Nifty amid the recent market recovery, rallying up to 12% from November lows. These 5 mid-, small-cap stocks could swing up to 19% from present levels.

Stock market crash over? Mid-, Small-caps surge; 5 key scrips to track
Updated On : 10 Dec 2024 | 12:04 PM IST

HFCL consortium to get contract worth Rs 13,000 cr for BharatNet Phase 3

Telecom gear maker HFCL Ltd on Monday said the company along with its consortium partners has been declared the lowest bidder for optical fibre-based broadband network projects worth Rs 13,000 crore under BharatNet Phase III for UP East, UP West and Punjab circles. The company placed bids for UP East and UP West through consortium partners and alone for the Punjab circle. "HFCL-Rail Vikas Nigam Limited (RVNL)-Aerial Telecom Solutions Private Limited, a Consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam Limited (BSNL), for bids valued at around Rs 6,925 crore to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase III programme," the company said in the filing. The consortium will be awarded 10 years of operation and maintenance (O&M) order at an annual rate of 5.5 per cent of capex for the first five years and 6.5 per cent for the subsequent five years which will be worth about Rs 4,155 crores, after ...

HFCL consortium to get contract worth Rs 13,000 cr for BharatNet Phase 3
Updated On : 11 Nov 2024 | 10:22 PM IST

HFCL shares drop 6% after subdued Q2FY25 earnings; check details here

HFCL share price dropped 5.96 per cent at Rs 117.51 per share on the NSE in Monday's intraday trade

HFCL shares drop 6% after subdued Q2FY25 earnings; check details here
Updated On : 22 Oct 2024 | 11:08 AM IST

HFCL Q2 results: Net profit jumps 4.5% to Rs 73 cr, revenue at Rs 1,094 cr

Domestic telecom gear make HFCL on Monday posted 4.5 per cent year-on-year rise in its consolidated net profit for second quarter ended September 2024 (Q2FY25) to Rs 73 crore. The Q2 revenue, however, slipped 1.61 per cent year-on-year to about Rs 1,094 crore. In a statement, HFCL Managing Director Mahendra Nahata noted that the company delivered steady performance despite the ongoing softness in demand for Optic Fiber Cables globally. "Further, monsoon season in several parts of the country impacted execution of work, causing some revenue to spill over into the next quarter," Nahata said. The company said Q2FY25 was marked by some significant milestones. HFCL delivered one of the world's largest advanced broadband network gateway projects for BSNL, it added. The company also entered into a strategic partnership with General Atomics Aeronautical Systems Incorporated (GA-ASI), US, to develop critical sub-systems for one of the world's most sophisticated unmanned aerial vehicles ...

HFCL Q2 results: Net profit jumps 4.5% to Rs 73 cr, revenue at Rs 1,094 cr
Updated On : 21 Oct 2024 | 11:54 PM IST

HFCL expects 70% revenue in fibre optic, 50% in telecom gear from exports

Domestic telecom gear maker HFCL expects 70 per cent of its revenue in fibre optic segment and half of network equipment business will start flowing into the company from exports in the next three years, a top company official said on Wednesday. HFCL Managing Director Mahendra Nahata told PTI that the company is now seeing a surge in demand for 5G gears after telecom operators have installed 5G mobile towers across the country. Apart from optic fibre cable, HFCL provides peripheral telecom equipment that connects with base stations to enhance coverage. "In telecom we have two type of products -- telecom equipment and optical fibre. Our plan in fibre optic cable is in three years time, 70 per cent of our revenue should come from exports. In telecom equipment, in three years, around 50 per cent of revenue will come from exports," Nahata said. He said the company is already exporting fibre optic cables to 40 countries and has recently started exports of telecom equipment as well. "Ma

HFCL expects 70% revenue in fibre optic, 50% in telecom gear from exports
Updated On : 16 Oct 2024 | 4:42 PM IST

HFCL up 6%, at 52-wk high on deal to supply drone parts to General Atomics

HFCL is developing drone detection radar, which is expected to become a crucial element in modern drone detection systems.

HFCL up 6%, at 52-wk high on deal to supply drone parts to General Atomics
Updated On : 23 Sep 2024 | 11:13 AM IST

HFCL to supply critical sub-systems of drones for General Atomics ASI

Home-grown telecom firm HFCL has been selected by General Atomics Aeronautical Systems Incorporated to develop and supply critical sub-systems for the US-based defence technology firm's advanced unmanned aircraft systems, the company said on Sunday. HFCL is developing drone detection radar, which is expected to become a crucial element in modern drone detection systems. "In a significant development that underscores HFCL's technical prowess and commitment, the company has been selected to develop and supply critical sub-systems for GA-ASI's advanced Unmanned Aircraft Systems (UAS). This partnership marks a milestone in HFCL's journey, as it becomes a key contributor to one of the world's most sophisticated unmanned aerial vehicles (UAVs)," HFCL said. The company's subsidiary, Raddef, has been developing portable and deployable advanced radar and radio frequency (wireless) solutions across various terrains. "Our selection by General Atomics Aeronautical Systems Incorporated to devel

HFCL to supply critical sub-systems of drones for General Atomics ASI
Updated On : 22 Sep 2024 | 10:21 PM IST

HFCL Q1 result: Net profit up 46.4% at Rs 111 cr as internet demand rises

Domestic telecom equipment maker HFCL Ltd on Tuesday reported a 46.4 per cent year-on-year rise in consolidated net profit for the June quarter to Rs 111 crore. Its revenue rose 16.4 per cent to Rs 1,158 crore in the just-ended quarter, compared to a year ago. HFCL Managing Director Mahendra Nahata noted that amid geo-political challenges, India stands out with its political stability and resilient economy, positioning itself as a prime investment destination. "The technology and telecom sectors are going to play a vital role in achieving the country's vision of 'Viksit Bharat@2047'," he said. The growing demand for high-speed internet, the expansion of 5G networks, FTTH (Fibre To The Home) implementation, hyper-scaling of data centres, advancements in Artificial Intelligence and Machine Learning, the PLI (production-linked incentive) scheme and the thrust on indigenous development and procurement of defence equipment, present substantial opportunities for the company both in domes

HFCL Q1 result: Net profit up 46.4% at Rs 111 cr as internet demand rises
Updated On : 24 Jul 2024 | 11:47 PM IST

5 Breakout stocks: Aavas, HFCL, Tata Chem can potentially zoom up to 20%

Chart check on May 27: LTIMindtree and Tata Technologies are the other two stocks seen trading above the higher-end of the Bollinger Bands on the daily scale on Monday.

5 Breakout stocks: Aavas, HFCL, Tata Chem can potentially zoom up to 20%
Updated On : 27 May 2024 | 11:52 AM IST

Indian telecom gearmaker HFCL to set up optical fibre cable plant in Poland

Indian telecom gear maker HFCL has announced a strategic expansion into Europe with the setting up of an optical fibre cable manufacturing plant in Poland. In a release, HFCL said the move marks a milestone in the company's global expansion strategy, aimed at addressing the increasing demand for OFC in European markets such as the UK, Germany, Belgium, France, Poland, among others. HFCL's manufacturing unit in Poland will begin with a capacity of 3.25 million fibre km (fkm) and scalable up to 7 million fkm, with an initial capital outlay of up to Rs 144 crore, thus fulfilling the increasing OFC demand. "This strategic move will not only enhance HFCL's agility but also reduce transit times by approximately six weeks, thereby enabling increase in order fulfilment capacity," it said. The establishment of the manufacturing facility in Poland will be facilitated through the incorporation of a new stepdown subsidiary in Poland under HFCL B.V., a wholly-owned subsidiary of the company in

Indian telecom gearmaker HFCL to set up optical fibre cable plant in Poland
Updated On : 21 Feb 2024 | 4:14 PM IST