HFCL zooms on collaborating with Microsoft to roll out private 5G solutions

 HFCL zooms on collaborating with Microsoft to roll out private 5G solutions

by 5paisa Research Team Last Updated: Mar 09, 2023 - 06:29 pm 1.1k Views
Listen icon

The company is deploying a private 5 G-enabled Industry 4.0 solution as a pilot program.

Collaboration with Microsoft 

HFCL has collaborated with Microsoft to create converged private 5G solutions that harness new-age technologies of IoT, Cloud, Edge Computing, AI and Analytics to transform industry verticals that include manufacturing, retail & warehouse, mining, education, defence, railways, smart city, etc.

The company is deploying one such Private 5 G-enabled Industry 4.0 solution as a pilot program using Microsoft Azure public MEC and HFCL 5G Indoor Small Cell, at its Optical Fiber manufacturing plant in Hyderabad. Along the fibre production line, HFCL’s 5G small cells enable real-time fibre defect detection using video analytics and image processing. Microsoft Azure public MEC which integrates Azure compute and edge-optimized Azure services with the mobile operator’s public 5G network connectivity, analyses this video data in real time to identify any defects and generates insights for root cause analysis and preventive care.

Share price movement of HFCL Limited 

Today, the stock opened at Rs 67.50, with a high and low of Rs 70.20 and Rs 67.50. The stock closed trading at Rs 68.83, up by 1.61%. In the last six months, the shares of the company have given about -10 per cent returns.

 The stock has a 52-week high of Rs 88.80 and a 52-week low of Rs 51.55. The company has a ROCE of 19.2% and an ROE of 13.5 with a market capitalisation of Rs 9,478 crore.

Company profile

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.

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Trust Fintech IPO Subscribed 108.63 times

Trust Fintech IPO is book-built issue of ₹63.45 crores, consisting entirely of fresh issue shares totalling 62.82 lakh. Trust Fintech IPO commenced its subscription period on March 26, 2024, & concludes today, March 28, 2024.

Aspire & Innovative IPO Subscribed 15.17 times

Aspire & Innovative IPO is a book built issue of Rs 21.97 crores. The issue comprises entirely a fresh issue of 40.68 lakh shares. Aspire & Innovative IPO opens for subscription on March 26, 2024, and closes on March 28, 2024. The allotment for the Aspire & Innovative IPO is expected to be finalized on Monday, April 1, 2024.

Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024.