Communication Equipment
HFCL Limited (NSE: HFCL) edges up 5% intraday
HFCL Limited (NSE: HFCL) edges up 5% intraday to ₹223.41, nearing support at ₹221 in the Technology » Communication Equipment sector.
HFCL Limited (HFCL) edged up from its support zone, gaining +5% intraday to settle near ₹223 on the NSE on 15 Jul 2026. This move comes as the stock approaches its 6M support trendline at ₹221, though it has not cleared resistance. The rise may be attributed to the company’s recent NSE filing about the shifting of its Registered Office, which could signal operational changes or efficiencies. HFCL, a player in the technology sector focused on communication equipment, saw a move that appears company-specific rather than a sector-wide trend, given the current consolidating uptrend in the sector.
Technical setup — trendlines & DMA
Currently, HFCL is trading just above its 6M support trendline, which ends at ₹221.49, indicating a precarious position near this key level. Resistance is noted at ₹255.74, well above the current price, suggesting that the stock has room to run if it can overcome this hurdle. The 50-DMA at ₹179.5 is above the 200-DMA at ₹99.8, signaling a bullish trend, though the stock is currently 19% above the 50-DMA, suggesting it might be slightly extended. In the 52W range of ₹59.8 to ₹229.5, the current price is in the upper third, indicating that a significant portion of the move might already be priced in.
Snapshot: ₹223.41 on 2026-07-15 (chart frozen at publication)
Fundamentals & business context
With a PE of 101.3 and profit margins at 6.3%, HFCL’s valuation appears stretched relative to its current earnings, especially considering its modest revenue CAGR of 1.5%. This suggests that the market might be pricing in expectations of a turnaround or future growth that the current business performance does not yet justify. Institutional ownership stands at 11.8%, indicating a cautious approach by smart money, likely due to the company’s thin profit margins and slow growth rates. There was no specific NSE catalyst today beyond the operational update, highlighting the importance of watching for further corporate announcements that could impact sentiment.
Algorithmic scorecard
The algorithmic scorecard paints a picture of a stock that is technically strong but fundamentally weak. The strongest signals come from the bullish trend indicated by the 50-DMA being above the 200-DMA and the stock’s excellent performance over the last year, gaining 164.2%. These signals suggest underlying momentum and positive sentiment among traders. However, the weakest signals are the company’s low profit margin of 6.3% and its overvalued status with a PEG of 84.42, indicating that the stock might be trading at a premium relative to its growth rate. These fundamental weaknesses could pose risks if the expected growth does not materialize.
Company outlook
Management outlined an optimistic forward guidance for HFCL, expecting 20% to 25% revenue growth in the upcoming year, alongside a 3% to 4% increase in EBITDA margin for FY27. Data centre interconnect solutions are projected to add Rs.400 crore in additional revenue for FY26-27, scaling up to Rs.800 crore in FY27-28. A significant $1.1 billion order from a hyperscaler is set to commence execution from Q2, expected to bolster revenue streams. Capital expenditure plans indicate INR600 crores for FY27 and INR350 crores for FY28, reflecting strategic investments in growth areas. Additionally, the establishment of a Preform manufacturing facility with an outlay of around ₹580 crore and a preferential issuance of warrants to promoters for approximately ₹555 crore underscore the company’s commitment to expansion and innovation.
Get all details on HFCL — P&L, peers, shareholding and more on TradeAlone.
Communication Equipment
Pace Digitek Limited (pacedigitk) Secures 115 Mwh Utility-scale BESS Project from BSES Rajdhani Power
Pace Digitek Limited (PACEDIGITK) secures 115 MWh utility-scale BESS project from BSES Rajdhani Power, marking fifth major BOO/BOOT storage win.
Pace Digitek Limited (NSE: PACEDIGITK) announced it has secured a 115 MWh utility-scale Battery Energy Storage System (BESS) project from BSES Rajdhani Power. This marks the company’s fifth major Build, Own, Operate, and Transfer (BOOT) storage project, significantly boosting its utility-scale BOO/BOOT portfolio to 3.32 GWh.
Project Details
The 57.5 MW/115 MWh BESS project will be developed under a 12-year BOOT model, with a capital outlay of approximately Rs. 179.4 crore. The project is slated for completion within seven months. Under the long-term Battery Energy Storage Service Agreement (BESSA), Pace Digitek will receive a fixed capacity tariff of Rs. 47.05 lakh per MW per year, translating into annual contracted capacity revenue of Rs. 27.1 crore.
Strategic Growth
This award adds to Pace Digitek’s recent BESS wins, including a Rs. 488.6 crore order from NTPC GE Power Services Private Limited for a standalone BESS in September 2026. The company has been progressively building capabilities across the energy storage value chain, including BESS manufacturing, system integration, equipment supply, EPC execution, and long-term ownership and operation of storage assets. Since the end of Q1 FY2027, the company has secured Rs. 761 crore of additional orders, further strengthening its order visibility.
As a result, Pace Digitek intends to build on its manufacturing and execution capabilities and selectively expand its presence across the energy storage market. Commenting on the development, Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, said: “The BSES award is another important milestone in the development of our Energy business and marks our fifth utility-scale BOO/BOOT storage project. It reinforces the capabilities we have built across BESS manufacturing, project execution, and long-term asset operations. We remain focused on disciplined execution, scaling our manufacturing capabilities, and selectively building a portfolio of contracted energy infrastructure assets, while continuing to serve the evolving requirements of India’s power and renewable energy ecosystem.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Pace Digitek Limited
Pace Digitek Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Pace falls 25.1% over three months and has not found a floor yet. The PEG of 0.06 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 73.9% and profits at 175.1% CAGR. Both numbers are exceptional. The stock gains 1.0% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 73.9% and profits at 175.1% CAGR, with D/E of 0.00. Meanwhile, the stock dips 25.1% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Pace Digitek Limited.
Communication Equipment
Tejas Networks Limited Demonstrates 6G Integrated Sensing and Communications with Qualcomm at IMC 2026
Tejas Networks Limited (TEJASNET) and Qualcomm demonstrate 6G Integrated Sensing and Communications (ISAC) at India Mobile Congress 2026, showcasing transfor.
Tejas Networks Limited (NSE: TEJASNET) in collaboration with Qualcomm Technologies is demonstrating Integrated Sensing and Communication (ISAC) at the India Mobile Congress (IMC) 2026. As the industry looks beyond 5G and towards 6G, new technological frontiers are being explored to transform communication networks into intelligent digital infrastructure. Integrated Sensing and Communication (ISAC) is one such foundational technology, enabling next-generation wireless networks to function as pervasive radar systems for enhanced situational awareness.
Technology Demonstration
The joint demonstration highlights how ISAC can leverage communication signals to detect and track objects in the surrounding environment, such as moving vehicles on city roads and drones in strategic areas, without requiring dedicated sensing infrastructure. By combining connectivity, sensing, and AI-driven analytics, ISAC has the potential to create more adaptive, context-aware, and efficient digital infrastructure.
Industry Impact
Dr. Kumar N. Sivarajan, Chief Technology Officer of Tejas Networks, said, ‘ISAC is emerging as one of the most promising technology directions for future 6G networks.’ This ability to generate and monetize spatial intelligence also enables a significant new value proposition for mobile operators, extending their role beyond high-speed connectivity to providing real-time environmental insights for commercial and strategic use cases.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Tejas Networks Limited
Tejas Networks Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Tejas falls 13.9% over three months and has not found a floor yet. Industry-leading margins of 70.4% reflect exceptional pricing power and operational efficiency. 5 loss quarters over five years is a serious red flag — earnings quality is poor and recovery is not guaranteed. The stock holds at 49% of its 52-week range with RSI at 34. In other words, neither side has a clear edge right now. Revenue grows at 6.1% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of Tejas Networks Limited.
Communication Equipment
Pace Digitek Limited (pacedigitk) Secures ₹92.9 Crore Order for BESS Supply and Commissioning Support
Pace Digitek Limited (PACEDIGITK) secures ₹92.9 crore order for BESS supply and commissioning support, boosting its BESS business and manufacturing capacity.
Pace Digitek Limited (NSE: PACEDIGITK) announced that its material subsidiary, Lineage Power Private Limited (LPPL), has received a Letter of Award from Kalpa Power Private Limited for the supply and commissioning support of a Battery Energy Storage System (BESS). The order, valued at ₹92.9 crore, is scheduled for completion by 31 December 2026. This order adds to Pace Digitek’s growing BESS business and strengthens near-term visibility for its manufacturing operations.
Scaling Manufacturing Capacity
The project will be supplied from the Company’s BESS manufacturing platform, which has recently been expanded to 5 GWh of installed capacity. Over the past year, Pace Digitek has manufactured more than 300 utility-scale BESS containers, representing approximately 1.5 GWh of battery energy storage capacity. The Company has been progressively scaling its manufacturing capabilities to address growing demand for utility-scale and Commercial & Industrial (C&I) energy storage applications.
Future Expansion Plans
The Company’s BESS manufacturing capacity has increased from 2.5 GWh to 5 GWh, with a further phased expansion towards 10 GWh targeted by the end of FY2027. The expansion is expected to provide additional capacity to support product supplies as well as the Company’s participation in integrated BESS projects. This strategic move underscores Pace Digitek’s commitment to meeting the escalating demand for energy storage solutions.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Pace Digitek Limited
Pace Digitek Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Pace posts a 1.0% three-month gain, but softens in the last few weeks. The PEG of 0.07 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 73.9% and profits at 175.1% CAGR. Both numbers are exceptional. The stock gives back 12.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 73.9% and profits at 175.1%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Pace Digitek Limited.
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