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HFCL

Shares of

Ltd are in focus today after the telecom infrastructure firm became the first company to ink an agreement with BSNL as the Project Implementation Agency under the BharatNet Phase-III Programme for executing a project worth Rs 2,501.3 crore in the Punjab Telecom Circle. 's Stock Performance and Financials HFCL stock rose 6.36% to Rs 88.77 on Wednesday against the previous close of Rs 83.47 on BSE. The stock has lost 17.46% in one year and fallen 22.10% since the beginning of this year. HFCL's market cap rose to Rs 12,806 crore on BSE, with 7.75 lakh shares changing hands amounting to a turnover of Rs 6.77 crore. The stock has a beta of 2.1, indicating high volatility, and currently trades below its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day moving averages. 's Business and Solutions HFCL Limited is primarily engaged in manufacturing of telecommunication equipment, optical fiber cables, and intelligent power systems. The company provides solutions for building wireless and optical telecommunication networks, such as optical transport networks (DWDM), rural global system for mobile communications (GSM) networks, broadband access networks, radio backhaul, fiber to the home, and in-building solutions Note : Follow Risk management and position sizing at all times