HFCL subsidiary debuts radar tech; parent’s shares rise 9%.
HFCL subsidiary: According to HFCL, the size of the global surveillance radar market is expected to increase from its current $6.87 billion annual value to $12 billion by 2030. On December 15, HFCL announced the creation of novel radar technology via its subsidiary. In response to the announcement, the company’s shares closed on December 15…