While major sectors of the Indian economy got to see a downtrend in their movement including the aviation sector , pharma sector and the FMCG Sector the digital information sector continued to enjoyed movement still in this phase . The economy got to see usage of more and more mobile and internet based devices post lockdown as people are now shifting their means of business to digital platforms and are representing their business products to different e-commerce platforms. The demand for cloud services and electronics also got to see a surge after the corona lockdown.
Certain Digital Information Companies with issue of government guideliness on digitization and digital transformation has too been benefitted as they are going to see surge in demand in their services as more and more user base in being added in this digital technolgy through smartphones. Where other countries have taken ahead their specturm of 6 or 7G , India is heading towards its 5G Specturm in the coming days. Government has approved different companies proposal to launch their 5G spectrum’s in India in the coming period. Out of those companies HFCL is also the one which is since announcement of the 5g spectrum in India , is on a lead to grow its userbase and has seen a massive improvement in its share price in the last few days.
HFCL – All About the Company
HFCL(Himachal Futuristic Communications ) is one of the leading technology company which is soon going to launch its 5G Specturm in India . The company has been benefitted the most with its old WIFI Services and it provides high speed connectivity and survillence options which no other company was able to afford.
The company in the last few months got to see a thrust in movement of its share price as the company got a huge demand for its services in the internet of things and connectivity based electronics. Also , since the announcement of BHARAT Net , the company has made a number of contracts with the government to provide 5G Connectivity in the coming days .
Why you should invest in HFCL ?
Showing its profitability being almost doubled every year , the company has shown hits in its profit list . Where investors and many leading analyst are of the view that soon the company will be receiving more big projects from the government , it’s price of the shares shall be doubled or tripple in the coming years. The company has satisfied both its investors and the its associated corporates in its profitability values. Also , the company is diligent in serving its annual reports of genuine profitability to SEBI officials and Company law associates.
The biggest reason that you should invest in this company is if you view the analysis chart of the company and its profitability ratio, the company has moved its share prices from Rs 10 to Rs60 to Rs 91 in only 3 months , and this has been very shocking for the investors to check such a performance of a share in only few months . Where some investors were of the view that their investment has been made 5 times in only 4 months by investing in this company.
Long Term or Short Term ?
HFCL has a good future scope of building technological parks and connectivity solutions ,where along with government departments the company would be targeting to provide 5g solutions to private players like airter , vi or jio as well.
Like you check the movement of the price of equity of HFCL which is now at Rs 89 or something / NAV , you should definitely keep it for long term . We would not be suggesting you to compulsory take equity of HFCL as per our opinion , but you should yourself dig to the analysis of the company assets and profitability.
Returns Expected ?
Like the company has provided , about 200 percent returns in only 3 months , the company is expected to go on a price of Rs 600 to 700 nav by 2024. If you keep it held for atleast 4 years from today and invest minimum of Rs 1 lakh into, you will surely be able to get returns of about 10 to 15 lakh in the coming years , which is a expected assumption returns on this company.
How to Invest ?
There are lot of ways you can invest in HFCL , but an easy way being an invidiual investor you should go for a Demat holding of HFCL equity where you will be holding the stock in your portfolio for about 4 years. There might be a situation where your investment might go down , but the company on intervals shall also provide returns in the form of dividends and interest.
You can open a demat account in Zerodha or Angel Broking which is highly trusted and your funds there shall be kept safe. We will not recommend any other Demat for risk purposes. You can also go through your banking channel to make equity investment in HFCL Shares.
Hope you liked this post , if you have any queries related to stock investment or market trading you can place us your comments down in the comment section.