The broader markets outperformed, the BSE Midcap and Smallcap indices were up 0.3 per cent and 0.8 per cent, respectively
Promoters jointly hold 41.89 per cent stake in the company
Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.
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
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.
Stock market LIVE: On the sectoral front, barring Nifty Realty, Pharma, PSU Bank, all indices trade in the green
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
Domestic telecom gear maker HFCL on Friday said it has received its board's consent to raise up to Rs 750 crore through equity, bonds, debentures or any other securities
5G technology is the next big upgrade for telecommunication networks and HFCL is gearing up to offer various products, solutions and services for this segment
Around 25 telecom gear makers -- including Nokia and HFCL -- have applied under the Rs 12,195 crore production linked incentive scheme for the sector, according to official sources.
HFCL supplies telecom equipment and fibre optics to most of the current Indian operators.
The stock was trading at its highest level since January 2008
JSW Hydro Energy, an arm of JSW Energy, has raised $707 million from an international green bond issue that was oversubscribed by over four times, merchant bankers said on Monday
HFCL 10 new product range consisting of Wi-Fi 6 (802.11ax) Dual Band Outdoor and Indoor Access Points and Telco Grade Cloud NMS support for comprehensive security features like WPA3, IEEE 802.1X and IEEE 802.11i, to ensure higher encryption & secure data transfer of numerous simultaneously connected devices.
Voting on DHFL bids by committee of creditors ends today
Domestic telecom gear maker HFCL on Monday posted an 81 per cent dip in consolidated net profit to Rs 21.34 crore in the first quarter ended June 30. The company had posted a net profit of Rs 117.12 crore in the corresponding period of the previous financial year, it said in a BSE filing. The firm's total income declined about 48 per cent to Rs 703.7 crore during the April-June 2020 period, compared with Rs 1,349.04 crore a year ago. During the quarter, HFCL decided to shift the plant and machinery of Solan in Himachal Pradesh, facilities and operations thereof to its manufacturing facility in Hyderabad. "Further, in order to ensure continuity of the job of the employees currently based at Solan, the company also considered to offer the continued employment either at Hyderabad or at such other places where the project works are being executed," HFCL Managing Director Mahendra Nahata said in the financial report. He added that the company also introduced a voluntary retirement sche
Order from L&T amounts to Rs 147.73 crore for supply of 16,882 KM OFC which shall be used by L&T for creating OFC Network infrastructure in Andhra Pradesh under BharatNet Phase-II Project