HFCL Limited
BNP Paribas has fallen off HFCL Limited's latest shareholder list after previously reporting a 1.07 percent stake. The change indicates that BNP Paribas either exited the position entirely or trimmed its holding below the 1 percent disclosure threshold.
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.
French global bank with around EUR 2.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.