HFCL Share Price | Telecom infrastructure company HFCL Limited gave a big information on Sunday. In a notice given to the stock market, the company said that it has entered into an important agreement with General Atomics Aeronautical Systems Incorporated. Due to HFCL's technical expertise and expertise, the company has been selected to develop and supply subsystems for GA-ASI's advanced unmanned aircraft system. The stock has given investors a return of about 120% in the last one year. ( HFCL Limited Share )
GA-ASI is an American company and manufactures the world's most advanced unmanned aerial vehicles. According to the company, this partnership is a milestone for HFCL as it has become one of the most sophisticated manned aerial vehicles in the world. The stock was trading 0.32% higher at Rs 157 on Wednesday (September 25, 2024). The company said that HFCL is developing a very important radar sub-system for UAVs which is very small and lightweight. The company says that its products have consistently proven their durability and performance in highly challenging operating environments, which has strengthened the company's reputation as a leader in defense technology. Shares of HFCL Limited have gained 7% in a week, 15% in a month, 30% in three months and 85% in six months. The stock is up more than 90% so far this year. Also, the stock has risen nearly 120% in the last one year. The stock closed at Rs 161.75, up 4.50 per cent on Friday, September 20. The stock has a 52-week high of Rs 163.40 and low of Rs 61.52. The market capitalisation of the company on BSE is Rs 23,335.23 crore.
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