Page 4 - Hfcl

Wipro, telecom gear maker HFCL join hands to develop 5G product portfolio

The companies will collaborate on a portfolio of 5G products for the telecommunications sector, including 5G radio access network and 5G transport equipment

Telecom gear HFCL net profit declines 21% to Rs 68 crore in Q4

Domestic telecom gear maker HFCL on Friday posted about a 21 per cent decline in consolidated profit after tax to Rs 68 crore in the fourth quarter ended March 2022.

HFCL joins O-RAN Alliance to speed up open innovation in 5G

HFCL Limited on Monday announced it has joined the O-RAN Alliance, a global community of mobile network operators, vendors, research and academic institutions operating in the RAN industry.

Promoter pledging increases in Dec quarter amid a spike in volatility

The value of promoter pledged holdings stood at Rs 1.97 trillion, 0.81 per cent of the total market capitalisation of the BSE 500 index

HFCL shares tumble nearly 9% post earnings after 4.7% decline in Q3

Shares of domestic telecom gear maker HFCL on Tuesday tumbled nearly 9 per cent after the company posted 4.7 per cent decline in consolidated profit for the third quarter ended December 31, 2021. The stock declined 8.60 per cent to Rs 88.10 on the BSE. At the NSE, it tumbled 8.56 per cent to Rs 88.10. HFCL on Monday posted 4.7 per cent decline in consolidated profit to Rs 81.1 crore for the third quarter ended December 31, 2021 mainly on account of hike in component prices, specially semiconductors. The company had posted a profit after tax of Rs 85.11 crore in the same period a year ago. Revenue declined 4.86 per cent during the quarter to Rs 1,215.21 crore compared to Rs 1,277.48 crore it posted in the same quarter of 2020-21. "Although the demand in the economy is coming back gradually, we had a strong quarter with growth in revenues. The margins during the quarter got slightly impacted followed by increased logistic costs and increase in fiber and semiconductor prices," HFCL

Stocks to Watch: Tech Mahindra, HFCL, NTPC, Bajaj Finance, Just Dial, Sugar

Bajaj Finance, ICICI Prudential Life, Just Dial, Jyoti Structures, LT Technology Services and Tata Elxsi are scheduled to announce December quarter results today.

Stocks to Watch: HDFC Bank, Brightcom, HFCL, Metro Brands, REC, Airlines

HDFC Bank and HCL Technologies are likely to react to Q3 numbers this morning. While the former reported 18 per cent YoY growth in net, the latter too beat Street expectations.

HFCL chooses CommAgility as its key technology partner

HFCL is investing in building a complete portfolio of products for 5G Radio Access Network and 5G Transport

Stocks to Watch: Surpiya Life, RBL Bank, SpiceJet, IOC, HFCL, telecom stks

Surpiya Lifescience is likely to make a bumper debut on the stock exchanges, with GMP indicating a likely listing gain of 40-45 per cent for the stock

HFCL gets approval as 'Trusted Source' for telecom providers from NSCS

With this nod, HFCL has become the 'Trusted Source' for all Indian telecom service providers (TSPs) for sourcing their active network products and infrastructure

Stocks to Watch: Medplus, Tata Motors, Tata Steel, GE Ship, Inox Wind, HFCL

The Grey Market Premium (GMP) indicates a likely listing gain of 15-20 per cent for Medplus Health Services

Communication eqpt maker HFCL raises Rs 600 cr fresh funds via QIP route

Medplus Health IPO subscribed 1.5x on penultimate day; Data Patterns subscribed 3.3x on opening

Telecom gear manufacturer HFCL raises Rs 600 crore through QIP issue

The company is one of the eligible players which has received permission under the production linked incentive scheme for telecom products

Sensex, Nifty end flat; Star Health settles at issue price; PSBs shine

The broader markets outperformed, the BSE Midcap and Smallcap indices were up 0.3 per cent and 0.8 per cent, respectively

Promoter group shares pledged with lenders released, says HFCL

Promoters jointly hold 41.89 per cent stake in the company

Stocks to Watch: RIL, Paytm, Airtel, Maruti, GMR Infra, HFCL, airline stks

Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.

Three FIIs jointly acquire 2.64% stake in telecom equipment maker HFCL

HFCL, an eligible player in the production-linked incentive scheme for telecom products, had recently informed the stock exchange that it would be raising Rs 750 crore

HFCL Q2 profit up 61% to Rs 86 crore; revenue up 6.4% to Rs 1,122 crore

Domestic telecom gear maker HFCL on Monday posted a 61.18 per cent jump in its consolidated net profit to Rs 85.94 crore in the September quarter.

Sensex ends 446 pts higher, Nifty tops 17,800; RIL hits record high, up 2%

Stock market LIVE: On the sectoral front, barring Nifty Realty, Pharma, PSU Bank, all indices trade in the green

Stocks to watch: Srei Infra, ICICI Lombard, HFCL, Rail Vikas, Paras Defence

Realty firm Macrotech Developers on Monday said properties worth Rs 1,100 crore were sold last month in one of its projects in London and it expects to sell all inventories before 2023-24 fiscal year