ट्रेंडिंग न्यूज़

₹97 Share Got 623 Cr. Order; Earlier 1127 Cr. Order From BSNL; ₹200 Target Next?

HFCL Ltd (NSE: HFCL): HFCL shares rose by 16.90 percent today. The stock price reached its 52-week high. 

The company got work worth Rs 623 crore. The shares of the company rose on Saturday as a result. This stock’s price is below Rs 100.

Shares At 52-week High

On Friday, the company’s shares were traded at Rs 92.65. After a while, it jumped to Rs 96.09. 

This is the 52-week high for the company. The current market capitalization of HFCL is Rs 14,236 crore.

Secrets Tips

BSNL Also Has Given Work

The company informed the stock exchanges it had received work for Rs 623 crores from a telecom service provider in India. 

The company will be manufacturing networking equipment for the 5G network. Earlier, on January 1, BSNL had given the company work worth Rs 1127 crore.

Digital networking, etc. is manufactured by the company. The company manufactures digital networking etc.

What Is The Performance Of The Stock Market?

The company’s stock has risen by 32 percent in the past year. Investors who made bets in the last six months have already profited by 45 percent. 

Investors can rejoice that the share price of the company has increased by 27 percent in only one month.

About HFCL Ltd

HFCL Ltd is a global technology company based in India. It is active in the development of infrastructure, system integration, and manufacturing. 

The company offers high-end products such as Optical Fiber and Optic Fiber Cable. 

The company’s segments are Telecom Products (including Turnkey contracts and services), and Others. 

The company’s products cables and optical fibers include micro cables and optic fiber. 

Telecom equipment such as indoor-outdoor Wi-Fi 5, cloud-based network management system, etc. Electronics, such as electronic fuses and electro-optical devices.

Fundamental Analysis of HFCL Ltd 

Market Cap ₹ 14,236 Cr.
Current Price ₹ 98.90
52-wk High ₹ 94.65
52-wk Low ₹ 55.75
Stock P/E 44.91
Book Value ₹ 24.9
Dividend 0.22 %
ROCE 15.2 %
ROE 10.2 %
Face Value ₹ 1.00
P/B Value 3.94
OPM 13.4 %
EPS ₹ 2.20
Debt ₹ 896 Cr.
Debt to Equity 0.25

HFCL Ltd Share Price Target 2024 To 2030

Year 1st Target 2nd Target
2024 ₹115 ₹185
2025 ₹195 ₹222
2026 ₹232 ₹248
2027 ₹295 ₹328
2028 ₹345 ₹365
2029 ₹375 ₹415
2030 ₹431 ₹495

HFCL Ltd Shareholding Pattern

Promoters Holding
Dec 2022 39.24%
Mar 2023 39.24%
June 2023 39.24%
Sept 2023 37.84%
Dec 2023 37.84%
FII Holding
Dec 2022 6.52%
Mar 2023 6.77%
June 2023 7.53%
Sept 2023 8.35%
Dec 2023 8.18%
DII Holding
Dec 2022 2.64%
Mar 2023 2.78%
June 2023 2.95%
Sept 2023 4.64%
Dec 2023 4.55%
Public Holding
Dec 2022 51.49%
Mar 2023 51.12%
June 2023 50.19%
Sept 2023 49.09%
Dec 2023 49.37%
Others Holding
Dec 2022 0.12%
Mar 2023 0.10%
June 2023 0.09%
Sept 2023 0.08%
Dec 2023 0.08%

HFCL Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019 ₹ 4,738 Cr
2020 ₹ 3,839 Cr
2021 ₹ 4,423 Cr
2022 ₹ 4,727 Cr
2023 ₹ 4,626 Cr

Last 5 Years’ Net Profit:

2019 ₹ 232 Cr
2020 ₹ 237 Cr
2021 ₹ 246 Cr
2022 ₹ 326 Cr
2023 ₹ 326 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019 0.38
2020 0.41
2021 0.45
2022 0.26
2023 0.24

Last 10 Years’ Profit Growth:

10 Years: 19%
5 Years: 12%
3 Years: 10%
Current Year: 9%

Last 10 years’ Return on Equity (ROE):

10 Years: 18%
5 Years: 13%
3 Years: 12%
Last Year: 10%

Sales Growth Over 10 Years:

10 Years: 23%
5 Years: 8%
3 Years: 7%
Current Year: 0%

Company’s Negative Signs:

  • Sales of the company grew at a slow 8.1% rate over the last five years.
  • In the last three years, the company had a low return on equity of 12.1%.
  • Promoters of the company have pledged a 44.7% stake in their holding.
  • Dividends paid out have been low, at only 8.37% of profits in the last three years.
  • Over the past three years, the percentage of promoters dropped to -4.21 percent.

Conclusion

This article is a complete guide about HFCL Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Also Read: Railway Share: Great Expectations From Budget; Today New High, 585% Bumper Return

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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