Webinar; Upcoming; Past; Show Reports; BOILER INDIA; IPTEX-GRINDEX; HANNOVER MESSE; IMTEX; IMTOS; ENGIMACH; … ... Case Stories; Technology; Projects; Magazine; Policies And regulations; Events+. As a telecommunication solutions provider, the Company has implemented several Greenfield projects, including the setting up of CDMA & GSM networks, satellite communications, wireless spectrum management and DWDM optical transmission network. The latest book value of the company is Rs 6.12 per share. Posted On: 11 AUG 2020 6:16PM by PIB Delhi. Himachal Futuristic Communications Ltd (HFCL) hit the upper circuit filter of 20 percent at Rs 12.69 on reports that Reliance Industries ( RIL) plans to roll out its 4G network in partnership with the company. We have been catering to both national and international customers for the last three decades. “According to people familiar with the development, Reliance-owned Infotel Broadband will focus on key aspects of the network and monitor the rollout, but will leave ground-level execution and management to HFCL, which has prior experience of similar deployment,” the report added. We use cookies to ensure the best experience for you on our website.If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ET Telecom. DragonWave will provide 5,000 turnkey Horizon Compact+ links in support of the Reliance Jio’s plan to roll out extensive, nationwide 4G/LTE networks. The S&P BSE Telecom index is down 0.99% to quote at 1350.58. The Delhi-based company has already obtained industrial licences to manufacture a wide range of products for the defence sector such as electronic fuses, electro optical devices, communication equipment, including the permits to assembling electronic warfare systems, development and manufacturing of aircrafts and helicopters, the company stated in a press release on Monday. “RIL plans to roll out its 4G network in partnership with HFCL, the group from which it acquired pan-India airwaves for high-speed internet and data services in May 2010,” an ET report said. The project is to be completed within 18 months. HFCL recently ventured in to manufacturing of electronic warfare for defence segment and sees as one of the pillars for company’s growth in future. The Company has state of the art modern production facilities at Solan (Himachal Pradesh), Goa, and Chennai (Tamil Nadu) and caters to both Indian and global markets. Over the next three to five years, the company plans to invest about Rs 500 crore in augmenting existing manufacturing lines for locally churning out specialised electronics gear for both the defence and railways sectors. Sorry, there are no blogs for your search. The company said it is enhancing readiness to serve 5G network requirements as well. Documentation part was also standard & we found very transparent deals from HFCL. “The impact of this expansion will be visible in the next fiscal,”” said Mahendra Nahata, managing director, HFCL. All Rights Reserved. ... Find the … It already has manufacturing facilities in Himachal Pradesh and Goa. Buzzing Stocks: Coforge, HFCL, JMC Projects and others that will be in focus today Check out the companies making the biggest headlines before the bell. HFCL wins Rs 221 crore order from UP Metro Rail Corporation The company will set up telecommunication systems for 32.4 km of Kanpur Metro and 14 km of Agra Metro. WEB HFCL is just one of the private firms eyeing defence projects. At 10:54 a.m., shares of Reliance Industries Ltd were trading 0.4 percent higher at Rs 691.35. HFCL had an order-book of around Rs 2,700 crore in the reported quarter which included Rs 1,500 crore orders for 4G services project, the spokesperson said. HFCL is in advanced talks with some Tier-1 global defence electronics makers for the proposed joint venture (JV). DragonWave had earlier partnered with Reliance Jio Infocomm for … of DragonWave HFCL India, which represents a joint venture between …. The stock’s price-to-earnings (P/E) ratio was 9.55. ... Equipment manufacturing saw production of GSM products.In turnkey projects execution HFCL has successfully completed high capacity optical … Telecom solutions provider Himachal Futuristic Communications Ltd is all set to enter defence equipment manufacturing business as part of its ‘Make in India’ initiative. Last year we expanded our OFC facility and now it is time to reap returns. During the period, the company earned Rs 38.25 crore as one time interest from investment made sometime ago, which contributed about a third in improving its net profit. Due to cost control and efficient raw material purchase, we have seen improvement in margins,”” said Mahendra Nahata, managing director of HFCL. Union Minister of Chemicals and Fertilisers Shri D.V. HFCL - Code of Practices and Procedure for Fair Disclosure of... Van Eck Associates Corp buys 69.42 lakh shares of HFCL, DragonWave gets follow on orders for a 4G network roll out, Reliance Jio awards packet microwave radio deal to DragonWave, HFCL jumps 20% on buzz of pact with Reliance Industries. We have Indian telecommunications network to thank, A deep dive into the world of internet domains, Wipro expects to access about one lakh doses of COVID vaccine for employees, SoftBank plans $3.7 billion bond sale after record profit, Future of identity management is highly encrypted multi-biometrics: IDEMIA India’s Matthew Foxton, TCS CEO Rajesh Gopinathan draws Rs 20.36 crore salary in 2020-21, Space startup Astra signs first commercial launch contract, boosts rocket capacity, The world now has over 3B active Android devices, Spotify legal chief calls Apple 'ruthless bully': Report, Embed ETTelecom.com Widgets on your Website. Sunil Pandey has previously been with JWIL Infra and Sterlite Power. HFCL plans to manufacture high-end defence electronics and critical infrastructure security systems at its existing factories in Solan and Chennai, and at its upcoming plant in Gurgaon, the person cited earlier said. Click "Continue" to accept and continue with ET Telecom. This percentage, according to the consulting firm, included sales to telcos by HCL, Infosys, Sterlite, Subex, TCS, Tech Mahindra, Tejas Networks, and Wipro, in addition to Cyient, HFCL, and ITI Limited. Amaze Projects; Amma Developers; Anandanilayam Chaitanyakiran Housing; Anuhya Homes India; Avani Estates; BVM Energy And Residency; BVR Infra Developers; Bhuvanteza Infrastructures; CRK Infra Projects; Celebrity Prime Developers Hyderabad; GMR Developers; Gangothri Developers; Green City Estates Builders; Green Valley Projects; Inwest Infra; KLM Group; Kamala Builders; MAK Projects; MNR … Upcoming Project page helps to discover rohan corporation's future projects , where image or description is only added as per disclaimer The company has a turnover of Rs 2,500 crore. There are 450 units in total. The TIP OpenWiFi platform will ensure plug and play interoperability across … HFCL shares closed 1.95 per cent down at Rs 17.6 apiece, on the BSE today.”, HFCL to start Chennai optical fibre plant from Nov 15…. “India is a very important market and our solutions are ideally placed to deliver cost effective capacity for operators who are modernizing their networks to deliver 4G services. Our “concept-to-completion” approach offers a bouquet of services which includes feasibility studies, choice of media survey, design, planning and engineering supply, laying down of Optical Fiber Cables, installation and integration, commissioning and network maintenance. Share. We have updated our terms and conditions and privacy policy The net sales of the company remained largely flat at Rs 625.37 crore compared with Rs 618.82 crore year ago. In the same period, HPCL revenue went up by little over 1% to Rs 625.37 crore, compared with Rs 618.82 crore posted last year, supported by demand from optical fibre business as well turnkey services it provides for satellite and radio communication, CDMA mobile networks, and spectrum management solution. › Stocks in the news: GCPL, Linde India, HFCL, IOB, JMC Projects and IndiGo. We are confident of growth from government’s ‘Make In India’ vision, specially in Defence segment,”” Nahata said. The amenities include a gymnasium, a swimming pool, a children’s play area, a club house, 24x7 security system, power backup provision, landscaped gardens and a jogging track. Domestic telecom gear maker posted a multifold jump in its consolidated net profit to Rs 86.47 crore in the quarter ended March 31, 2021. KOLKATA: Himachal Futuristic Communications (HFCL) will shortly float a joint venture company with a global partner to manufacture …. HFCL posts flat profit in Q4 at Rs 86 crore: Telecom equipment major HFCL has posted a net profit of Rs 86.47 crore for the quarter ended March 31, marking an 1.6 per cent over the previous quarter's Rs 85.11 crore.. ... "Transformational projects like PM-WANI when viewed in conjunction with BharatNet and added to that the upcoming 5G opportunity will significantly boost the company's … “We believe that the Horizon Compact+ radio brings considerable value in India where backhaul spectrum is both limited and expensive,” Peter Allen, DragonWave’s President and CEO, said. The company had posted a net profit of Rs 8.7 crore in the corresponding period of the previous year. HFCL, in Joint Venture with a Canadian enterprise DragonWave, supplies full range of Point-to-Point Microwave Radio Links (IP radios up to 23Ghz). TIP is a global community of companies and organizations that are driving infrastructure solutions to advance global connectivity. TIP is a global community of companies and organizations that are driving infrastructure solutions to advance global connectivity. The company says the new APs are ideal for both outdoor hotspots and dense environments and that they will have a role to play in upcoming 5G networks. The company had posted a net profit of Rs 8.7 crore in the corresponding period of the previous year. HFCL had received a purchase order from BSNL as part of the Network for Spectrum (NFS) Microwave project, which entails supply of equipment and services along with a 10-year O&M component. In-depth: Is $1 billion cash enough to attract chip makers to set up fab unit in India? Reliance Jio is preparing to launch its 4G voice and data services later this year. Besides, an impressive nearly three-fold jump in exports revenue at 32 crore also boosted revenue earnings during the quarter, the company said. Besides India, our products are exported to the UK, Eastern Europe, Africa and Middle East as well as the South and South East Asian regions. Dear user, ET Telecom privacy and cookie policy has been updated to align with the new data regulations in European Union. “Home-grown telecom gear maker HFCL today reported a jump of 66.76 per cent in its standalone net profit at Rs 70.16 crore for the three months period ended December 31, 2015. On Friday, Himachal Futuristic Communication ended at Rs 16, up Rs 0.15, or 0.95 percent on the NSE. BSNL had to scrap the notice for 4G tender, it originally rolled out on March 23, 2020, following the allegations of restrictive conditions by homegrown companies led by Delhi-based Telecom Equipment & Services Export Promotion Council (Tepc), ETTelecom had reported earlier. These will be completed in the next 33 months. Himachal Futuristic Communications Limited (HFCL), which manufactures telecom equipment and optical fibre cables as well as executes telecom turnkey contracts, reported decline in net sales by 9.69 per cent to Rs 587.52 crore in the reported quarter from Rs 650.58 crore in corresponding quarter of 2014-15. SECTIONS. We are pleased to have received additional orders from this key Indian customer to further build out their 4G Network,” DragonWave president and chief executive Peter Allen said in a statement. “”Exports is going to be key thrust area going forward. 250000+ Industry Leaders read it everyday, How did you hear about us? The employee benefits expenses at HFCL reduced by about 37 per cent during period under review. “Cisco and Microsoft are our technology partners for the Army Wide Area Network (AWAN) project for which HFCL has bid,” said Nahata. HFCL is just one of the private firms eyeing defence projects. It is expecting bright prospects in the second half of the current fiscal based on strong order book it has. Himachal Futuristic Communications Limited (HFCL) had posted a net profit of Rs 42.07 crore in the same period a year ago.”, Domestic telecom gear maker HFCL today reported 3.97 per cent increase in standalone net profit at Rs 71.68 crore for second…. The solution provider said that its Horizon Compact+ was extensively tested by Reliance Jio and found acceptable for use as transport system for high capacity backhaul to support their upcoming 4G network. The company is also diversifying business to cater railways and defence projects. Further, he said, HFCL would manufacture communications and signalling equipment for the railways at its telecom factories. Imports volume in the defense electronics sector is high which could be brought down significantly once industry achieves Atmanirbharat or self-reliance that would eventually reduce procurement cost on state exchequer, a top executive of the homegrown company said. FRIENDS. ... GST Collection Jet Airways share price Crude Oil Price Tata Motors Share Price … “Himachal Futuristic Communications Limited (HFCL), which supplies and lays optical fibres for telecom and internet service providers such as Airtel, Aircel and MTS, has posted Rs 112.39 crore profit after tax in the April-June period, a rise of 62% from last year same period as demand for optical fibre surged and because of one-time gain from past investments. “We have seen an increase in profits due to cost control and improved margins. HFCL is a telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having manufacturing facilities at Solan, Goa and Chennai. HFCL Ltd fell 3.64% today to trade at Rs 41.05. "We are going to increase capacity of FTTH cables in Hyderabad in near future by 33% from the present capacity, and aiming to complete this in next 3 months," Mahendra Nahata, managing director of HFCL said, adding that the Delhi-based company is currently supplying cable to 'large operators' deploying last-mile fibre network for home and enterprise users. DragonWave, a supplier of packet microwave radio systems for mobile networks, said Friday it has received follow on purchase orders for Horizon Compact+ links from a major Indian 4G provider. Nahata, however, said: “HFCL is strongly committed to the Modi government’s ‘Make In India’ drive, and would locally manufacture the gamut of defence electronics equipment, that was, hitherto, being imported”. But that’s the past and it’s makeover time as the company, with revenue of Rs.2,553 crore in 2014-15, has won government licences to design, develop and manufacture aircraft and unmanned aerial vehicles. The total order book as of today stands around Rs 2,700 crore, HFCL said.”, Himachal Futuristic Communications Ltd (HFCL) had posted net profit of Rs 69.47 crore in the same period a year ago…. HFCL: The domestic telecom gear maker posted a multifold jump in its consolidated net profit to Rs 86.47 crore in the quarter ended March 31, 2021. Airtel on Sunday announced benefits worth Rs 270 crore targeting the 55 million low income customers to tide over the impact of Covid-19. The company’s trailing 12-month (TTM) EPS was at Rs 1.67 per share. In India, the company has a presence in the form of DragonWave HFCL India, which represents a joint venture between DragonWave , and Himachal Futuristic Communications Ltd (HFCL). Home-bred manufacturing company VVDN Technologies said that it is manufacturing wireless products for gear maker HFCL. Himachal Futuristic Communications Ltd (HFCL) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development system integration and manufacture and supply of high-end telecom equipment and Optic Fiber Cable (OFC).
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