HFCL trades jubilantly on inking pact with Aprecomm

HFCL is currently trading at Rs. 86.30, up by 7.20 points or 9.10% from its previous closing of Rs. 79.10 on the BSE.

HFCL

The scrip opened at Rs. 79.20 and has touched a high and low of Rs. 88.80 and Rs. 78.55 respectively. So far 2196969 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 95.70 on 06-Jul-2021 and a 52 week low of Rs. 23.00 on 12-Apr-2021.

Last one week high and low of the scrip stood at Rs. 88.40 and Rs. 78.45 respectively. The current market cap of the company is Rs. 10854.37 crore.

The promoters holding in the company stood at 41.89%, while Institutions and Non-Institutions held 4.59% and 53.52% respectively.

HFCL is powering its network offerings with Artificial Intelligence (Al) based Analytics, partnering with Aprecomm, the leading Al-powered Wi-Fi analytics technology provider. Having successfully deployed and tested the Al based solution in its PM-WAN I deployments, the company now plans to integrate these analytics capabilities for a wider range of its products and solutions. Henceforth, HFCL’s entire 10 product portfolio will have seamlessly integrated Al-powered network analytics, enhancing the experience for network service providers as well as the end users.

With enhanced Al powered analytics, HFCL‘s wireless solutions ensure a consistent and optimal wireless network performance by monitoring customer experience on a real time basis and automatically calibrate the Wi-Fi network parameters through its cloud management platform cNMS. The automatic network optimization in real time is achieved using Aprecomm’s VWE Al engine duly integrated in all HFCL IO Wi-Fi products.

HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL facilities in Chennai and Hosur.