HFCL Ltd (Himachal Futuristic Communications Limited) is an Indian technology company known for its expertise in telecommunications, optical fiber cables, and network solutions. It designs and manufactures a wide range of telecom equipment and infrastructure, including fiber-optic cables, Wi-Fi systems, and broadband solutions. HFCL Share Price on NSE as of 11 October 2024 is 137.20 INR. This article will provide more details on HFCL Share Price Target 2024, 2025, 2026 to 2030.
HFCL Ltd: Market Overview
- Open Price: ₹139.05
- Previous Close: ₹138.52
- High Price: ₹140.63
- Low Price: ₹137.00
- Volume: 10,248,827
- UC Limit: ₹166.22
- LC Limit: ₹110.81
- VWAP: ₹138.42
- P/E ratio: 52.71
- Div yield: 0.15%
- 52-wk high: ₹171.00
- 52-wk low: ₹61.50
- Mkt cap: ₹19.83KCr
- Face Value: ₹1
HFCL Share Price Chart
HFCL Share Price Target Tomorrow From 2024 To 2030
HFCL Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹172 |
2025 | ₹190 |
2026 | ₹220 |
2027 | ₹250 |
2028 | ₹285 |
2029 | ₹330 |
2030 | ₹370 |
HFCL Share Price Target 2024
HFCL share price target 2024 Expected target could be ₹172. Here are 3 key factors affecting HFCL’s share price growth in 2024:
- 5G Network Expansion: As HFCL is involved in the development of 5G infrastructure, the rollout of 5G services in India will likely boost its revenue and attract investor confidence, leading to potential share price growth.
- Growing Demand for Optical Fiber Cables: With increasing demand for faster internet connectivity and data transmission, HFCL’s expertise in optical fiber cable production will drive its business growth, positively impacting its share price.
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Government Contracts and Policies: HFCL’s partnerships with the Indian government for telecom infrastructure projects and favorable policy initiatives supporting the telecom sector could provide a strong boost to the company’s financial performance and stock value.
HFCL Share Price Target 2025
HFCL share price target 2025 Expected target could be ₹190. Here are 3 key factors affecting HFCL’s share price growth in 2025:
- Global Expansion Initiatives: HFCL’s plans to expand into international markets, particularly in 5G and fiber-optic technologies, could significantly boost its revenue streams and enhance investor sentiment, driving share price growth.
- Technological Innovations: Continued investment in research and development for next-generation telecom and defense technologies could position HFCL as a leader in its sector, attracting long-term investors and positively influencing its share price.
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Strategic Partnerships: Collaborations with global telecom players and government bodies for major infrastructure projects could provide HFCL with consistent contracts, ensuring steady revenue growth and positively impacting its share value.
HFCL Share Price Target 2030
HFCL share price target 2030 Expected target could be ₹370. Here are 3 key factors affecting HFCL’s share price growth in 2030:
- 5G and Beyond Technology Leadership: HFCL’s continued focus on 5G deployment and advancements in telecom technologies beyond 5G could position the company as a market leader, driving long-term growth and increasing its share value.
- Sustainability and Green Technologies: If HFCL invests in energy-efficient and environmentally friendly solutions in telecom and infrastructure, it could attract ESG-focused investors, boosting its market reputation and stock price over time.
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Global Market Penetration: Expanding HFCL’s presence in global markets through strategic acquisitions and partnerships can lead to revenue diversification, making the company more resilient to local market fluctuations, and contributing to long-term share price appreciation.
Shareholding Pattern For HFCL Ltd
- Public:Â 46.28%
- Promoters:Â 37.63%
- Foreign Institutional Investors (FII/FPI):Â 7.02%
- Domestic Institutions: 9.08%
HFCL Ltd Financial
Total Share Capital | 137.64 crores |
Long Term Borrowings | 83.60 crores |
Short Term Borrowings | 519.38 crores |
Long Term Provisions | 38.22 crores |
Short Term Provisions | 11.91 crores |
Long Term Investments | 90.78 crores |
Short Term Investments | 12.19 crores |
Total Inventories | 545.45 crores |
Trade Receivables | 1784.35 crores |
Trade Payables | 850.84 crores |
Deferred Tax Assets | 8.59 crores |
Deferred Tax liabilities | 25.55 crores |
Total Assets | 5080.37 crores |
Total Contingent liabilities | 1405.44 crores |
Total Revenue | 4445.14 crores |
Total Expenses | 4103.45 crores |
EPS | 1.85 |
ROE | 8.51 percent |
ROCE | 14.57 percent |
Debt to Equity ratio | 0.20 percent |
Dividend Payout ratio | 9.74 percent |
Return on Assets | 5.01 percent |
Earnings Yield ratio | 0.03 percent |
Inventory Turnover ratio | 1.95 percent |
Liquid ratio | 1.94 percent |
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