HFCL Share Price returned 46.38% CAGR in 3 years
Himachal Futuristic Communications Limited (NSE: HFCL) company’s core business segment is into Telecom Services and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 73.0 above the SMA 300 value 70.59 while the Relative Strength Index (RSI) is showing at 50.11. The trendline is very strong which indicates a good bullish momentum ahead for growth. The can be accumulated through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 9407/- Crore positioning it in mid cap stocks group listed on NSE India.
What made HFCL Share Price to return 46.38% CAGR in the last 3 years?
HFCL Share Price is currently trading at Rs.
63.2
per stock &
HFCL Technical Chart
the performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 46.38%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
HFCL's 52 week low price at Rs. 51.55/- & 52 week high price at 101.35/-
Why one should consider HFCL Share Price now?
Following are the strong fundamental analysis of HFCL Share Price which will definitely make to think in one of the large cap companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of HFCL
| Market Capitalization | Rs. 9407 Crore | Return On Equity (ROE) | 13.28% |
| P/E Ratio (TTM) | 28.74 | EPS (TTM) | 2.38 |
| P/B Ratio | 3.36 | Dividend Yield | 0.22% |
| Industry P/E Ratio | 17.89 | Book Value | 20.33 |
| Debt to Equity | 0.27 | Face Value | 1 |
Financial Statement of HFCL
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 3,249.0 | 168.0 | 1,179.0 |
| 2019 | 4,738.0 | 220.0 | 1,442.0 |
| 2020 | 3,839.0 | 227.0 | 1,668.0 |
| 2021 | 4,423.0 | 239.0 | 1,916.0 |
| 2022 | 4,727.0 | 313.0 | 2,798.0 |
Shareholding Pattern of HFCL
| Promoters | 39.20% |
| Retail Investors | 51.96% |
| Foreign Investors | 6.81% |
| Mutual Funds | 1.86% |
| Other Domestic Institutions | 0.17% |
Himachal Futuristic Communications Limited
Himachal Futuristic Communications Limited (HCFL) is a telecom sector based cutting edge products & network infrastructure service provider for its customer to keep them ahead & cop-up the technological developments in the field.
The company established in the year 1987 & now having 1200 employees and manufacturing facilities located at Himachal Pradesh, Goa & Tamil Nadu with head quarted in GUrgaon & New Delhi.
The company produces telecommunication equipment, optical fibre cables (OFC) & power sysems etc., for grean field to brown flied projects such as CDMA / GSM networks, satellite & wireless spectrum and Dense wavelength-division multiplexing (DWDM) OFC transmission networks.
HFCL had completed over 25 thousand 2G/3G cell tower sites, 1lakh kilometers of OFC networks for railways, Oil & Gas, Defence and Smart Cities etc., Read more about Himachal Futuristic Communications Limited company here from its official website.
Competitors of HFCL
As HFCL comes under Telecom Services sector; there are quiet a few peer competitors to HFCL and here is a list of Top 5 Telecom Services Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in HFCL on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in HFCL with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying HFCL now, click here to open Demat account with 5paisa App.
References and Links:
- HFCL stock chart: https://chartink.com/stocks/HFCL.html
- About HFCL Company Profile: https://www.hfcl.com/about-us/
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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