HFCL Limited (HFCL.BO)
HFCL Limited operates in the Communication Equipment industry of the Technology sector, headquartered in New Delhi, DE, IN. The stock last traded at $222.95, down 1.91% on the session, giving a market capitalisation of $347.59B. Its beta of 0.08 implies it has historically moved less than the broad market.
Founded in 1987 and based in New Delhi, India, HFCL Limited operates as a prominent global player in the telecommunications sector, specializing in the manufacturing of telecom products and the delivery of extensive turnkey contracts and services. Initially known as Himachal Futuristic Communications Limited until its renaming in October 2019, the company serves both domestic and international markets. Its broad product portfolio encompasses a variety of optical fiber cables, including underground, aerial, and Fiber-to-the-Home (FTTH) types. HFCL also supplies advanced telecommunication solutions such as unlicensed band backhaul radios, Wi-Fi access points, routers, and a burgeoning suite of 5G offerings. For defense applications, it develops specialized equipment like electronic fuzes, electro-optics, and ground surveillance radars. Furthermore, the company manufactures passive networking components, ranging from high-density cabinets to fiber optic cable assemblies. Beyond product supply, HFCL offers comprehensive network solutions for public telecom, defense, and railway communications, along with system integration expertise. A key strategic collaboration with Qualcomm Technologies, Inc. is underway to advance 5G Radio Access Network (RAN) and access product development.
HFCL Limited is most often compared with the following Technology names: