Latest news with #HFCL
&w=3840&q=100)
Business Standard
11-06-2025
- Business
- Business Standard
Stocks of Mukesh Ambani-owned companies dip up to 58% from 2024 high
Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable, part of RIL-group holdings, were seen trading with huge losses even as RIL stock hit a 8-month high on Wednesday. Rex Cano Mumbai Listen to This Article Reliance Industries is the flagship firm of Mukesh Ambani group; apart from this the group companies hold significant stakes in several other listed stocks such as - Alok Industries, HFCL, Just Dial, Network 18, Den Networks and Hathway Cable and Datacom. In trades today, June 11, 2025, shares of Reliance Industries hit an 8-month high, and were seen trading roughly 9 per cent shy from its life-time peak of ₹1,609 registered in the month of July 2024. Against this, most of the other Mukesh-Ambani owned stocks continue to languish at lower levels, and are seen trading
Mint
09-06-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend six shares to buy today
Stocks to buy under ₹ 100: Despite a tepid start on Friday, the Indian stock market closed with smart gains, helped by the Reserve Bank of India's policy actions, which included not just a higher-than-expected rate cut of 50 basis points (bps) but also a cash reserve ratio cut of 100 bps. This action gave a major leg up to the stock market bulls, driving the BSE Sensex higher by 746.95 points, or 0.92%, to settle at 82,188.99. Meanwhile, the 50-share NSE Nifty closed above the 25,000-level as it climbed 252.15 points, or 1.02%, to 25,003.05. Sectorally, rate-sensitive indices led the charge with Nifty Realty gaining 4.68%, Nifty Auto 1.52% and Nifty Bank 1.47%. Barring Nifty Media, all sectors closed in the green. The broader markets also rejoiced, with Nifty Midcap 100 advancing 1.21% and Nifty Smallcap 100 index gaining 0.81%. The outlook for the Indian stock market remains firm going ahead, according to analysts. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services, "We expect Indian markets to witness a gradual up-move, supported by positive sentiment following higher than anticipated rate cut by RBI and optimism surrounding a potential US-India trade agreement with officials from both sides meeting in New Delhi this week to finalise the first phase of the proposed deal." However, he cautioned that global headwinds, including unexpected shifts in US tariffs and ongoing geopolitical tensions, may induce volatility. Meanwhile, commenting on the Nifty 50 outlook today, Ajit Mishra – SVP, Research, Religare Broking, said: The Nifty has once again approached the upper band of its prevailing consolidation range of 24,500–25,100. A decisive breakout above 25,200 would mark the beginning of a fresh uptrend, with potential to gradually move toward the 25,600–25,800 zone. On the downside, the 24,400–24,600 range is expected to act as a strong support zone during any corrective phase. As for Bank Nifty, Ajit Mishra said that the banking index has finally broken above the key 56,000 mark after trading in a tight range for over a month. "We now expect it to move toward the 58,000 level, making this segment crucial for broader market direction. In case of a dip, the 55,350–56,000 range is likely to provide strong support," he added. Regarding stocks to buy today, market experts Sumeet Bagadia, Executive Director at Choice Broking; Sugandha Sachdeva, Founder of SS WealthStreet; Anshul Jain, Head of Research at Lakshmishree Investment and Securities and Mehul Kothari, Deputy Vice President - Technical Research at Anand Rathi recommended buying these six intraday stocks under ₹ 100: IDFC First Bank, HFCL, Confidence Petroleum, Dhani Services, GMR Airport, and NHPC. 1) IDFC First Bank: Buy in cash at ₹ 71.55, target price at ₹ 79, stop loss at ₹ 68 2) HFCL: Buy in cash at ₹ 91.42, target price at ₹ 101, stop loss at ₹ 86.50 3) Confidence Petroleum: Buy at ₹ 59.40, target price at ₹ 62.50 - 66.80, stop loss at ₹ 58 4) Dhani Services: Buy at ₹ 61, target price at ₹ 66, stop loss at ₹ 58 5) GMR Airport: Buy near ₹ 86, target price at ₹ 90 and stop loss at ₹ 84 6) NHPC: Buy near ₹ 89, target price at ₹ 93 and stop loss at ₹ 87 Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Yahoo
26-05-2025
- Business
- Yahoo
HFCL Ltd (BOM:500183) Q4 2025 Earnings Call Highlights: Strategic Investments and Export Focus ...
Release Date: May 23, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. HFCL Ltd (BOM:500183) is well-positioned to capitalize on the growing demand for high-capacity optical fiber cables, driven by the expansion of hyperscale data centers and 5G rollouts. The company has made significant investments in defense technologies, including ground surveillance radars and night vision devices, which are expected to generate substantial revenue. HFCL Ltd (BOM:500183) has a strong order book of INR 9,967 crore as of March 31, 2025, indicating robust future revenue potential. The company has successfully developed indigenous MPLS routers and 5G fixed wireless access equipment, securing orders worth INR 800 crore and INR 174 crore, respectively. HFCL Ltd (BOM:500183) is focusing on export markets, particularly for fiber optic cables and telecom equipment, which is expected to drive significant revenue growth. The company experienced a downturn in optical fiber cable demand, leading to lower capacity utilization and impacting financial performance. HFCL Ltd (BOM:500183) faced margin pressure from newly launched telecom products and slower customer uptake in its EPC business. The company's profit after tax for FY25 was significantly lower at INR 173 crore compared to INR 380 crore in FY24. There were delays in defense product trials due to supply chain issues, impacting the timeline for revenue generation from these products. The company is cautious about taking new EPC orders due to concerns about payment timelines and milestone-based payments. Warning! GuruFocus has detected 2 Warning Sign with BOM:500183. Q: What strategies does HFCL have in place to regain global market share, especially in Europe and Southeast Asia, and how do reciprocal tariffs impact exports? A: Export is a cornerstone of HFCL's strategy to increase revenue, focusing on markets outside India, which constitute 95% of the global market. HFCL is concentrating on fiber optic cable exports, with significant orders from North America and Europe. The reciprocal tariffs currently at 10% have not significantly impacted exports, as costs are often shared with customers. HFCL has recommended zero tariffs for optical fiber cable imports to the government. (Respondent: Unidentified_3) Q: How does the demand from data centers differ from telco CapEx, and what is HFCL's focus in this area? A: Data centers, particularly hyperscale ones, are driving significant growth in fiber optic cable demand. HFCL is focusing on exporting not only fiber optic cables but also passive connectivity solutions required within data centers. The demand for high-capacity cables is expected to continue for at least the next five years, driven by the rise of artificial intelligence and increased data usage. (Respondent: Unidentified_3) Q: What is the outlook for fixed wireless access (FWA) equipment in India and international markets? A: HFCL is manufacturing FWA equipment for both India and international markets. In India, there is a continuous demand for FWA as it provides broadband connectivity over wireless. HFCL has supplied significant quantities and received new orders. For international markets, HFCL is developing new designs to cater to different spectrum requirements and indoor equipment preferences. (Respondent: Unidentified_3) Q: What is HFCL's outlook on the demand for defense products in India, and what role is the company playing in this sector? A: HFCL sees a high demand for defense equipment, driven by the need for enhanced defense preparedness. The company is focusing on ground surveillance radars, night vision devices, electronic fuses, and communication equipment. HFCL has received commendation for its work on the NFS network for the army and expects to start revenue from surveillance radars and night vision devices in the current financial year. (Respondent: Unidentified_3) Q: How long is the transitional period expected to last, and when will HFCL see significant growth? A: The transitional period is expected to last until the end of the current quarter. HFCL anticipates significant growth starting from the next quarter, driven by full capacity utilization, new orders, and the implementation of projects like Bharatnet. The company expects a strong rebound in revenue from various sectors, including fiber optic cables and defense products. (Respondent: Unidentified_3) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
26-05-2025
- Business
- Time of India
HFCL expects 25-30% revenue growth in current fiscal: MD Mahendra Nahata
Domestic telecom gear HFCL expects 25-30% growth in revenue during the current fiscal on account of increase in order book and pick-up in demand, a top official of the company said. During the earnings call, HFCL 's managing director Mahendra Nahata said that the company's order book as of March 31, 2025, has increased to ₹9,967 crore from ₹7,685 crore as on March 31, 2024. "With strong order book, demand pick-up and full capacity utilization, the company expects growth of 25-30 per cent in revenue of the current financial year on an overall basis with major growth starting from the second quarter," Nahata said. He said that HFCL has become the first Indian company to develop and commercially launch 5G Fixed Wireless Access customer premises equipment -- a modem for providing wireless 5G connectivity for home broadband services. "In its very first year of launch, we have successfully despatched over 4 lakh units of this equipment, demonstrating strong market acceptance. With growing demand from telecom operators and ISPs, we expect to have continuous demand for such products. I am happy to inform you that in the last week we have received another order of ₹174 crores for this product," Nahata said. During the March 31, 2025 quarter, HFCL recorded about 39 per cent decline in revenue to ₹800.72 crore mainly on account of poor demand for optical fibre. Nahata said that after experiencing subdued demand for optical fibre cable over the past 6-7 quarters leading to lower capacity utilization, the company's optical fibre manufacturing has now begun operating at full capacity starting June 2026 quarter as against 45 per cent capacity utilisation during FY25. "Our Optical Fiber Cable manufacturing capacity utilization was also 40 per cent during last financial year. This will also start operating at full capacity by July 2025. With market conditions showing clear signs of recovery and new growth drivers such as 5G rollouts, data centre expansion, BharatNet Phase III execution , and rising export demand, our revenue from optic fibre cable during FY'26 is expected to improve significantly," Nahata said.
Time of India
25-05-2025
- Business
- Time of India
HFCL expects 25-30 pc revenue growth in current fiscal: MD Mahendra Nahata
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Domestic telecom gear HFCL expects 25-30 per cent growth in revenue during the current fiscal on account of increase in order book and pick-up in demand, a top official of the company said. During the earnings call, HFCL's managing director Mahendra Nahata said that the company's order book as of March 31, 2025, has increased to Rs 9,967 crore from Rs 7,685 crore as on March 31, 2024."With strong order book, demand pick-up and full capacity utilization, the company expects growth of 25-30 per cent in revenue of the current financial year on an overall basis with major growth starting from the second quarter," Nahata said that HFCL has become the first Indian company to develop and commercially launch 5G Fixed Wireless Access customer premises equipment -- a modem for providing wireless 5G connectivity for home broadband services."In its very first year of launch, we have successfully despatched over 4 lakh units of this equipment, demonstrating strong market acceptance. With growing demand from telecom operators and ISPs, we expect to have continuous demand for such products. I am happy to inform you that in the last week we have received another order of Rs 174 crores for this product," Nahata the March 31, 2025 quarter, HFCL recorded about 39 per cent decline in revenue to Rs 800.72 crore mainly on account of poor demand for optical said that after experiencing subdued demand for optical fibre cable over the past 6-7 quarters leading to lower capacity utilization, the company's optical fibre manufacturing has now begun operating at full capacity starting June 2026 quarter as against 45 per cent capacity utilisation during FY25."Our Optical Fiber Cable manufacturing capacity utilization was also 40 per cent during last financial year. This will also start operating at full capacity by July 2025. With market conditions showing clear signs of recovery and new growth drivers such as 5G rollouts, data centre expansion, BharatNet Phase III execution , and rising export demand, our revenue from optic fibre cable during FY'26 is expected to improve significantly," Nahata said.
