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HFCL inches up on joining consortium led by IIT Delhi on development of Hollow-Core Fiber Technology

The project aims to develop novel optical fiber technologies relevant to future 6G and quantum communication systems

HFCL is currently trading at Rs. 69.80, up by 0.15 points or 0.22% from its previous closing of Rs. 69.65 on the BSE.

The scrip opened at Rs. 69.59 and has touched a high and low of Rs. 70.10 and Rs. 69.48 respectively. So far 480 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 93.95 on 10-Jun-2025 and a 52 week low of Rs. 59.83 on 23-Jan-2026.

Last one week high and low of the scrip stood at Rs. 75.40 and Rs. 69.20 respectively. The current market cap of the company is Rs. 10660.65 crore.

The promoters holding in the company stood at 28.29%, while Institutions and Non-Institutions held 14.22% and 57.49% respectively.

HFCL has joined the consortium of a Department of Telecommunications (DoT) - funded research project led by the Indian Institute of Technology, Delhi (IIT Delhi) focused on advancing hollow-core fiber (HCF) technology for next-generation communication networks. The project aims to develop novel optical fiber technologies relevant to future 6G and quantum communication systems. As a consortium partner, HFCL will contribute industry expertise, manufacturing perspective, and application insights to support the translational aspects of the research.

Hollow-core fiber is an emerging optical technology designed to reduce transmission latency and enhance signal performance compared to conventional solid-core fiber. Globally, it is being explored for high-capacity, long-haul, and latency-sensitive network applications, including advanced data centers and next-generation telecom infrastructure.

With increasing AI workloads, hyperscale computing demand, and the evolution toward 6G networks, the need for ultra-low-latency optical infrastructure is expected to grow significantly. The DoT-supported initiative seeks to strengthen India’s indigenous capabilities in this strategically important domain. Hollow-core fiber can dramatically reduce energy consumption and reduce latency in data communication.

HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL facilities in Chennai and Hosur.