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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. ....

Andhra Pradesh , Himachal Futuristic Communications Ltd , ஆந்திரா பிரதேஷ் , இமாச்சல் எதிர்காலம் தகவல்தொடர்புகள் லிமிடெட் ,

HFCL starts production of FTTH cables from new facility in Hyderabad


HFCL starts production of FTTH cables from new facility in Hyderabad
ANI |
Updated: Dec 17, 2020 12:20 IST
With this, HFCL and its subsidiary company HTL Ltd has become the largest manufacturer of FTTH cables in India with a capacity of six lakh km per year.
The company had earlier invested Rs 260 crore in the Hyderabad plant for manufacturing optical fibre that was commissioned in January.
The new automated high-speed FTTH cable facility has come up with a fresh outlay of Rs 40 crore to ensure high throughput, economies of scale and the highest quality standards, HFCL said in a statement on Thursday.
Managing Director Mahendra Nahata said India is seeing buoyant FTTH activity driven by private telcos and the government s thrust on rural network deployment. Expanding FTTH rollouts will not only boost the country s 4G connectivity but it also enhance readiness for 5G. ....

Andhra Pradesh , New Delhi , Mahendra Nahata , Himachal Futuristic Communications Ltd , Director Mahendra Nahata , ஆந்திரா பிரதேஷ் , புதியது டெல்ஹி , மகேந்திரா நாத் , இமாச்சல் எதிர்காலம் தகவல்தொடர்புகள் லிமிடெட் , இயக்குனர் மகேந்திரா நாத் ,