HFCL share price: HFCL rises for fourth day to 52-week high

HFCL share price: HFCL rises for fourth day to 52-week high on production of FTTH cables


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MUMBAI: HFCL advanced for the fourth straight session to hit a 52-week high on Monday, after the telecom equipment company said last week it started commercial production of Fiber-to-the-home (FTTH) cables from new facility in Hyderabad.
At 9:58 am, HFCL was up 7.61 per cent to Rs 26.15, after having scaled a 52-week high of Rs 26.50 in early trade, while benchmark Sensex was up 0.02 per cent at 46.971.80 points.
HFCL Ltd, formerly
Himachal Futuristic Communications Ltd operates as a designer, manufacturer, assembler and seller of telecommunication equipment.
With the recent development, the company, along with its subsidiary company, HTL, has become the largest manufacturer of FTTH cables in India with a capacity of 6 lakh kms per annum.

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