Himachal Futuristic Communications Ltd (HFCL) has successfully developed a new line of advanced wireless network connectivity solution which shall be marketed under the brand name "IO", an acronym for Input-Output. IO is a platform to bring inefficiency and intelligence to mobility and assist citizens to use the most advanced Wi-Fi technology products and solutions.
The complete network solution is based on latest and upcoming international standards as a results of the Company's own R&D initiatives which have fully designed, developed and manufactured the solution in India with full IPR ownership residing with the Company in India.
The entire portfolio of products is designed to be world-class and ready to compete with global brands. All these products are extremely power efficient and fully compliant with the Policy for Preferential Market Access (PMA) of the Government of India.
The solution includes products like Wi-Fi 5 and Wi-Fi 6 based Access Points, Point-to-Point and Point-to-Multipoint Unlicensed Band Radios (UBR), Smart Solar powered PoE+ Integrator, Wireless LAN Controller, Element Management System and Cloud based Network Management System.
The Company is going to launch the solution on 14th October, 2019 at the India Mobile Congress 2019 to be held atAerocity, New Delhi.
Shares of HIMACHAL FUTURISTIC COMMUNICATIONS LTD. was last trading in BSE at Rs.17.05 as compared to the previous close of Rs. 17. The total number of shares traded during the day was 500339 in over 1993 trades.
The stock hit an intraday high of Rs. 17.35 and intraday low of 16.9. The net turnover during the day was Rs. 8576119.