HFCL shares drop 6% after subdued Q2 performance; check details here

Quick Summary:

HFCL share price dropped 5.96 per cent at Rs 117.

Initially focused on manufacturing transmission equipment, the company has since broadened its product portfolio to include access equipment, optical fibre cable accessories, and terminal equipment.

On a quarterly basis, the net profit was down 33.73 per cent from Rs 111 crore registered in Q1FY25.

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Article Details

Category: BusinessFinance

Markets: India

Topics: HFCL share price today HFCL share price Buzzing stocks Stock market HFCL share price Sensex HFCL news HFCL HFCL shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 11:07:50 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23192893

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