HFCL Share Price Target 2024, 2025, 2030, 2040, 2050

Himachal Futuristic Communications Limited (HFCL) is an Indian company, that works in the telecom sector. It provides networking equipment, like optical fibers, cables, and network tower equipment.

It was set up In 1987. This company does business in India as well as outside the country.

What is HFCL Ltd NSE: HFCL?

It is a private company that makes telecom equipment globally. They make and sell different types of optical fibers and cables, like micro cables, armored cables, aerial cables, and cables used in homes.

They also provide telecom equipment like ethernet switches, radios, Wi-Fi access points, and cloud-based systems to manage networks.

HFCL Share Price Target 2024

The technology is growing as time passes and it has upgraded from older to advanced, this company continuously upgrades its technology to provide the fastest service. Also in the coming years, users will definitely increase and the telecom sector will also get the benefit of more users. If we look at its past performance in the stock market then from 2020 the market is growing very fast and is expected to continue. In 2024, the price target would be 202 rs.

In 2024 HFCL’s price would revolve between 81 to 202 rs.

Year	Minimum Price	Maximum Price
2024	81	202

Month	Minimum Price	Maximum Price
January	81	108
February	89	117
March	80	112
April	89	103
May	90	109
June	82	130
July	105	137
August	101	143
September	126	164
October	135	179
November	147	183
December	160	202

HFCL Share Price Target 2025

It is a strong competitor in the market. The company is known for its best service and quality. It invests in research teams to always provide better technology. As the network shifts from 3G to 4G, 4G to 5G, the company keeps getting orders from different telecom companies. It always attracts people with its new technologies. In 2025 its price target would be 280 rs.

As per the current performance of HFCL, the price will be between 198 rs to 280 rs in 2025.

Year	Minimum Price	Maximum Price
2025	198	280

Month	Minimum Price	Maximum Price
January	198	209
February	208	215
March	212	221
April	218	230
May	222	232
June	220	241
July	230	248
August	238	259
September	244	265
October	251	260
November	262	272
December	269	280

HFCL Share Price Target 2030

5G service was recently launched in India, and there is a demand for optical fibers for network connectivity. This company got the order and tried to get the bulk of the order by improving its technology and demanding the money as per value. The company focuses on rural areas because there is a very limited number of telecom companies that can provide its service. In the future, the company will be in a very good position as of current performance. We can expect a price target of 500 rs in 2030.

In 2030 as per technical analysis and company fundamentals, it will be between 380 rs to 500 rs.

Year	Minimum Price	Maximum Price
2030	380	500

Month	Minimum Price	Maximum Price
January	380	395
February	390	408
March	399	418
April	410	422
May	415	429
June	419	432
July	425	441
August	430	449
September	438	465
October	444	475
November	460	482
December	483	500

Share Price Target 2040

As the need for the internet increases, people want fast internet. Recently 5G was launched in India now the company has to think about 6G. The company constantly updating its technology to meet public requirements. They are investing heavily in research and development (R&D), putting over Rs 125 crore into new technologies for communication. If the company introduces a new and innovative product soon, it could do really well because technology has changed a lot recently. 900 rs would be the price target in 2040.

In 2040, it is expected that the price will be between 780 rs to 900 rs.

Year	Minimum Price	Maximum Price
2040	780	900

Month	Minimum Price	Maximum Price
January	780	791
February	786	796
March	790	808
April	811	820
May	816	831
June	822	836
July	830	852
August	844	865
September	851	872
October	863	882
November	875	886
December	882	900

Share Price Target 2050

In the future, technology and communication will change a lot in the telecom industry. Companies that keep up with these changes will likely earn more profit. Right now, optical fiber is becoming more common for internet services, and companies need a lot of hardware for this. This company started making this hardware itself as they are hardware makers. In past records at the stock market, This company gave returns of more than 29,681% in the last 24 years. So in 2050, the price target would be 1600 rs.

The price target in 2050 would be 1600 and whole year it will revolve between 1420 rs to 1600 rs.

Year	Minimum Price	Maximum Price
2050	1420	1600

Month	Minimum Price	Maximum Price
January	1420	1465
February	1436	1473
March	1441	1487
April	1453	1498
May	1470	1511
June	1482	1519
July	1490	1529
August	1512	1538
September	1527	1555
October	1543	1561
November	1554	1581
December	1560	1600

Should I Buy HFCL Stock?

So till now, we know that this company falls under telecom company. The telecommunication network company time to time upgrading its technology to boost the data speed and as the HFCL makes fiber cable, and other network products it is probable to be in demand in this field. The past record is good and we can add this stock to our buying watchlist.

Price Forecast

Year	Minimum Price	Maximum Price
2024	81	202
2025	198	280
2030	380	500
2040	780	900
2050	1420	1600

HFCL Ltd Earning Results

Market Cap	₹13,488 Cr.
Price	₹93.6
Stock Exchange	HFCL ltd.
Stock Exchange	HFCL ltd.
CAGR	39% ( 1 year )
Dividend	0.21%
Stock P/E	40.9
Face Value	₹1.0
Book Value	₹27.4
Revenue	1,065.52
Other Income	11.09
Total Income	1,076.61
Expenditure	-933.78
Interest	-33.75
Net Profit	113.98

Is HFCL Stock Good to Buy? (Bull case & Bear case)

Bull Case:

• It works in telecom and IT, which are growing fast. As technology like 5G expands.
• Government projects aiming to improve digital infrastructure which can create business opportunities for it.
• The company has a good contract list which will boost its growth.
• HFCL’s focus on new technology.
• It gives Positive financial results which is a good sign.

Bear Case:

• It faces competition from other companies in the telecom and tech sectors.
• It has to complete the order in time the delay in service could be a negative sign.
• If HFCL doesn’t keep up with new tech, it might fall behind.

Conclusion

So in this article, we have discussed HFCL. We have talked about its work, its past performance, the company’s further vision, price predictions in the future, and more. So if you are interested in this stock then you should read the whole article to understand the condition of this stock.

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