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VVDN gets approval under PLI Scheme for IT hardware manufacturing

VVDN gets approval under PLI Scheme for IT hardware manufacturing ANI | Updated: Jul 07, 2021 10:29 IST Gurugram (Haryana) [India], July 7 (ANI/PRNewswire): VVDN Technologies, a premier electronic product engineering and manufacturing company, has been approved by the Ministry of Electronics and Information and Technology (MeitY) under the Production Linked Incentive scheme (PLI) for IT hardware. VVDN is amongst the 14 companies domestic and international, which has been granted approval for IT hardware manufacturing under Production Linked Incentive (PLI) scheme for IT hardware products. VVDN has also participated in the Govt. of India s PLI Scheme for Telecom and Networking equipment. With 5 state-of-the-art manufacturing units and 10 design centers across India, VVDN does the complete R&D, engineering and manufacturing of products in the domains 5G & Datacenter, Networking & Wi-Fi, Vision, and IoT. In IT hardware space, VVDN has vast expe

HFCL s m-cap crosses Rs 10,000 crore mark; stock zooms 86% in a month

Shares of HFCL (formerly known as Himachal Futuristic Communications Limited) continued their northward movement in Monday s trade as they surged 18 per cent to Rs 85.90 on the BSE in intra-day session on the back of heavy volumes. A combined 82.10 million shares had changed hands on the counter on the NSE and BSE till 10:59 am. In the past month, the stock of the telecom cables manufacture has zoomed 86 per cent as compared to a 1.4 per cent rise in the S&P BSE Sensex. The scrip was trading at its highest level since February 2002. A sharp rally in the stock price has seen the market capitalisation of HFCL vault past the Rs 10,000 crore mark. Currently, HFCL s market capitalisation stood at Rs 10,969 crore on the BSE, the exchange data shows.

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