HFCL Limited gains nearly 98% on Q4FY26 results, ₹84.23cr orders
Business
HFCL Limited, a major player in telecom gear, has seen its stock jump almost 98% over the past month.
The big boost comes from strong Q4FY26 results and fresh orders — most recently, HFCL and its subsidiary HTL Limited landed ₹84.23 crore worth of optical fiber cable deals from a private telecom company.
Q4 profit ₹178.5cr, revenue ₹1,824cr
HFCL just reported a net profit of ₹178.5 crore for Q4FY26, a huge turnaround from last year's loss, and revenue more than doubled to ₹1,824 crore.
The stock hit a 52-week high on May 7, pushing its market cap to ₹22,316 crore.
While the share price looks overbought (RSI-14 at 91), mutual funds are still buying in (up to 6.92%), though foreign investors trimmed their stake slightly to 7.08%.