HFCL's stock has gained momentum, trading at Rs. 147.30, a rise of 0.48% from its previous close of Rs. 146.60 on the BSE. The stock opened at Rs. 147.00 and reached a high of Rs. 149.55, with a low of Rs. 146.70 during the session. A total of 531,578 shares have been traded so far.
The company’s stock, part of the BSE group 'A', has a face value of Rs. 1 and previously hit a 52-week high of Rs. 151.90 on August 26, 2024, and a low of Rs. 61.52 on October 26, 2023. The market capitalization currently stands at Rs. 21,322.70 crore, with promoters holding 37.63%, while institutions and non-institutions hold 14.41% and 47.97% respectively.
HFCL has successfully completed the enhancement of BSNL’s Network Infrastructure. The project involved implementing a modern Broadband Network Gateway (BNG) system using CUPS (Control and User Plane Separation) architecture, along with a subscriber Policy Manager and Authentication platform. With a project value of Rs. 390 crore, including operations and maintenance, this nationwide upgrade will benefit BSNL’s fiber broadband network, especially in rural and remote regions.
This strategic upgrade aligns with BSNL's mission to improve broadband services, allowing it to offer high-end solutions to enterprise customers and enhancing Fiber-to-the-Home (FTTH) networks. The upgraded system will help BSNL enhance service reliability, scalability, and accessibility for its customers. The new BNG infrastructure will serve both enterprise and home users, as well as BSNL’s existing BharatNet network, extending coverage to over 1.5 lakh Gram Panchayats across India.
HFCL continues to be a leader in telecom infrastructure, with manufacturing facilities in Solan, Goa, and its subsidiary HTL's plants in Chennai and Hosur.