HFCL share price was in focus on Thursday. On December 26, 2024, HFCL share price opened at ₹114.89, the same as its previous close of ₹114.32. At 11:19 AM, the share price of HFCL was trading at ₹114.70, up by 0.33% on the NSE.
On December 24, HFCL announced that it inaugurated a state-of-the-art defence manufacturing facility in Hosur, Tamil Nadu, on December 23, 2024, contributing to India’s Atmanirbhar Bharat initiative.
The facility will produce critical defence technologies such as Thermal Weapon Sights, Electronic Fuzes, Radio Relay Systems, and Surveillance Radars. With a capacity to manufacture up to 5,000 Thermal Weapon Sights and 250,000 Electronic Fuzes annually, this facility will support the defence sector’s growing needs. It is equipped with advanced cleanroom technology for precision manufacturing, ensuring high-quality, reliable products for both domestic and global defence markets.
The facility underscores HFCL’s commitment to strengthening India’s defence capabilities and becoming a global exporter of cutting-edge military technologies.
Dr G. Satheesh Reddy, from DRDO, attended the inauguration, encouraging HFCL to focus on reducing imports while enhancing defence exports. The new facility marks a strategic step in HFCL’s vision to lead in defence technology manufacturing, offering innovative solutions for modern military operations.
HFCL is a technology company known for developing digital networks for telecom operators, enterprises, and government sectors. Over the years, it has become a trusted partner, delivering advanced, sustainable technology solutions and providing the latest products to meet customer needs.
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