Quadrature Capital Vector Sp acquired a new position in HFCL Limited, buying 1,75,30,609 shares for a 1.15% stake worth ₹376.12 crore.
A telecom infrastructure company, HFCL manufactures optical fiber cables, telecom equipment, and provides system integration services across India's communications sector. The company operates through telecom infrastructure development, supply of high-end communications equipment, and production of optical fiber and fiber optic cables. Its vertically integrated operations and diverse portfolio position it as a key enabler in India's expanding telecommunications network infrastructure.
India equity vehicle of Quadrature Capital, a London-based quantitative hedge fund.