HFCL Share Price Target
About HFCL :
HFCL Ltd. was incorporated in the year 1987. Its today’s share price is 74.4. Its current market capitalisation stands at Rs 9560.24 Cr. In the latest quarter, company has reported Gross Sales of Rs. 41058.7 Cr and Total Income of Rs.41390.9 Cr. The company’s management includes Manoj Baid, Bharat Pal Singh, Tamali Sengupta, Surendra Singh Sirohi, Ramakrishna EDA, Ranjeet Mal Kastia, Arvind Kharabanda, Mahendra Nahata.
About HFCL Share :
- Market Capitalization of HFCL stock is Rs. 9,547.35 Cr.
- 52 Week high of HFCL share is Rs 95.7 while 52 week low is Rs 16.85.
- Following are the key changes to HFCL shareholding. Promoter holding has gone down from 42.05% (30 Jun 2021) to 41.89% (30 Sep 2021) , Domestic Institutional Investors holding has gone down from 0.68% (30 Jun 2021) to 0.63% (30 Sep 2021) and Foreign Institutional Investors holding has gone up from 2.2% (30 Jun 2021) to 3.96% (30 Sep 2021).
Key metrics is a good way to quickly analyze a stock. PE Ratio of HFCL share is 28.43, Earnings per share of HFCL is Rs. 2.61, Market Cap of HFCL is Rs. 9,547.35 Cr and Price to Book ratio of HFCL stock is 4.93.
- Overall mean recommendation by analyst for HFCL is to Strong Buy.
HFCL Share Price Target 2021 Q4
- November 2021 – 75.15 Rs
- December 2021 – 79.20 Rs
HFCL share price target 2022
- 2022 Jan – 85.35 Rs
- 2022 Feb – 83.36 Rs
- 2022 Mar – 89.39 Rs
- 2022 Apr – 92.71 Rs
- 2022 May – 93.10 Rs
- 2022 Jun – 95.95 Rs
- 2022 Jul – 99.90 Rs
- 2022 Aug – 103.95 Rs
- 2022 Sep – 107.99 Rs
- 2022 Oct – 109.50 Rs
- 2022 Nov – 111.55 Rs
- 2022 Dec – 115.65 Rs
HFCL Share price target 2023 – 132.25 Rs
HFCL Share price target 2024 – 159.15 Rs
HFCL Share price target 2025 – 202.50 Rs
HFCL Share price target 2026 – 287.30 Rs
HFCL Share price target 2027 – 365.35 Rs
HFCL Share price target 2028 – 456.20 Rs
HFCL Share price target 2029 – 635.80 Rs
HFCL Share price target 2030 – 750.00 Rs
HFCL share price target 2022
Slowly, due to the development of technology, the business of HFCL has started gaining momentum. As soon as the work of 5G technology, companies like Jio, Airtel will be seen starting fast. The equipment used in it is also going to be made by HFCL.
Due to which the company’s business is going to see tremendous growth going forward. Its beginning has been seen to start from now and the results have also shown good performance.
Because of which the share price of HFCL will show you the first target of Rs 92 till 2022. As soon as this target becomes interested, you are going to see 100 rupees touching another target soon.
HFCL share price target 2023
The use of technology that has been seen in the present time is going to be seen a lot more in the future. Due to which the government also wants more and more of it to be manufactured in India itself and it should not be seen to be dependent on it in the outside world.
Therefore, HFCL is taking advantage of this and is seeing partnership with big companies to expand its business optical fiber and cable rapidly. Due to which the business of the company is going to be seen achieving new heights in the coming days.
Due to this, the stock price will also be seen increasing very rapidly in the coming days. In 2023, the first target of the company’s share price can be seen at Rs 155. After that hit the second target to hold for Rs 162.
HFCL share price target 2025
HFCL has invested heavily in future technology for the past few years. Due to which the company appears to be the strongest company in the future in the equipment used in optical fiber, cable and 5G technology.
The hardware needed to make this technology is going to be made by HFCL. Due to which the dependence on the outside will be seen to end completely. For this, the government is also seen helping this sector through the scheme.
Due to which the performance of the company can be fully expected in the coming days. 2025 If its share price is seen, then the first target of Rs 345 is shown. Then they try to hold the second target for Rs 360.
HFCL share price target 2030
As more and more people go digital, the company’s business is also going to grow bigger. Because looking at its business future, they are seen making management investment.
The company’s business is not limited to 5G only, it is spread in many such technology sectors, whose usage is going to be increasing very fast in the coming days. Also, HFCL is going to make a huge investment in Research and Development.
Due to which the chances of the company to grow rapidly increases very much. Talking about the share price of HFCL in the long run, the first target seems to be going around 1650. After that another target of Rs 1900 can be seen.
In the past, the company has seen a lot of difficulties. Nevertheless, the company has been able to manage its business well so far. And he seems to be trying his best to make it better.
By which it must be said that the company has full potential to grow its business well in future. If the company keeps on updating itself in the coming times and continues to present good performance, then these stocks are going to earn you good returns.