Portfolio Update : Entered into HFCL
HFCL is one name that has been badly taken the back seat.
Leading manufacture of Optical fiber : a telecom equipment manufacturer and systems integration company, is planning to ramp up optical fibre cable (OFC) production, including Fibre-To-The-Home (FTTH) cable, by 30 per cent by 6 months and the company expects good demand for its products for the next five years.
The firm, which started production of WiFi products in this financial year, had already shipped nearly 1 lakh pieces. The company is also developing Software Defined Radio and High capacity radio relays for Defence.
HFCL had also won contracts to install telecom systems for Mauritius and Dhaka metro rail projects.
Order book
As of December 31, HFCL’s order book stood at ₹7,313 crore to be executed over the next 1.5 years.
Pledge : 47.3%
Reliance also holds 3.78% investment
Customers :
- This might benefit due to tariffs on china imports and if India stops exports.
Telecom equipment from China to face curbs as Cabinet approves buying only from ‘trusted source’ | India News,The Indian Express.
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