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 897 Views
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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.

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