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.
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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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.
