# HFCL (HFCL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/hfcl

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹215.71
- Change: -4.67%
- As of: 2026-09-18
- 1D return: -4.67%
- 5D return: -12.26%
- 1M return: +5.91%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, HFCL is trading at ₹215.71. The stock exhibits a mixed technical picture across different timeframes. While the monthly and weekly charts show bullish trends, indicated by prices above key moving averages and Supertrend, the daily timeframe presents a more cautious outlook. On the daily chart, the price is below the 20-day and 50-day Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs), and also below the daily Supertrend, suggesting short-term weakness or consolidation. This divergence between longer-term bullishness and shorter-term bearish signals indicates a potential transition phase.

Nearest support is observed around ₹207.34, approximately 3.88% below the current price. Resistance is noted near ₹216.18, just above the current trading level, followed by ₹220.03. The stock has experienced an "Inside Bar" pattern on the monthly chart as of September 18, 2026. Recent market activity includes 3 downside events within the last 30 days, with no positive or neutral events recorded in the same period. The stock's annualized volatility stands at 0.48, with a current drawdown of -0.14%.

- Daily trend shows price below 20-day EMA (₹228.0) and 50-day EMA (₹212.84), indicating short-term caution.
- Monthly and weekly trends remain bullish with prices above Supertrend indicators.
- Nearest support level identified at ₹207.34.
- Nearest resistance level identified at ₹216.18.
- Watch for a break below ₹207.34 to signal further daily weakness, or a sustained move above ₹216.18 to confirm a potential daily trend shift.

- Inside Bar

### News Context

HFCL experienced a notable decline in its share price during the week ending September 18, 2026. The stock touched an intraday low of ₹225 on September 15, marking a fall of over 3.71% for that day and a cumulative drop of more than 9.44% over the preceding week. This occurred despite a broader market rally. In related sector news, Sterlite Technologies Ltd saw a 4.99% slide on September 18, while STL Networks Ltd experienced a 4.99% spike on the same day, having gained 71.68% over the past month. Separately, power capital expenditure stocks, including those in the power infrastructure space, experienced significant drops of up to 16% over two days ending September 16, attributed to growing caution around Artificial Intelligence (AI) development and potential impacts on data center power demand.

- HFCL shares fell over 9.44% in the week ending September 18, 2026, reaching an intraday low of ₹225 on September 15.
- On September 18, Sterlite Technologies Ltd's share price declined by 4.99%.
- On September 18, STL Networks Ltd's share price increased by 4.99%, contributing to a 71.68% gain over the past month.
- Power capex stocks, including GE Vernova T&D India and CG Power, fell up to 16% in the two days ending September 16 amid caution surrounding AI development.

- STL Networks Ltd Spikes 4.99%
- VVDN Technologies readies for ₹4,000-5,000 crore IPO
- GE Vernova, CG Power, other power capex stocks tumble up to 16% in 2 days amid global AI caution. What's ahead?
- Sterlite Technologies Ltd Slides 4.99%
- HFCL share price falls over 4% today despite stock market rally | What's behind the plunge?

### What Changed

As of September 18, 2026, HFCL's stock has seen a recent price increase, moving from ₹209.45 to ₹215.71. This shift occurred against a backdrop of broader market activity, including a significant surge in STL Networks Ltd, which gained 71.68% over the preceding month, outperforming both the BSE Telecommunication index and the SENSEX. The market also noted potential fundraising activity in the Indian public markets, with VVDN Technologies preparing for a substantial IPO, indicating a generally open window for public offerings. No new filings or specific corporate actions for HFCL were reported in the recent period.

- HFCL's price increased from ₹209.45 to ₹215.71 between the previous observation and September 18, 2026.
- STL Networks Ltd experienced a 71.68% gain in the past month, as of September 18, 2026.
- The broader Indian market is seeing increased IPO activity, with VVDN Technologies planning a ₹4,000-5,000 crore IPO.
- No new corporate filings for HFCL were reported as of September 18, 2026.

- STL Networks Ltd Spikes 4.99%
- VVDN Technologies readies for ₹4,000-5,000 crore IPO

### Official Filings

HFCL Limited has announced significant capacity expansions for its optical fiber and cable manufacturing operations. The company's board has approved an additional capital expenditure of approximately ₹820 crore, bringing the total planned investment for these initiatives to around ₹1,800 crore. This expansion includes increasing capacities for Optical Fiber, Optical Fiber Cable, and a new Preform Manufacturing Facility. The projected completion for fiber and cable lines is July 2028, with the preform facility expected by October 2028. Upon completion, the company anticipates its annual capacities to reach 43.10 million fiber kilometers for Optical Fiber, 62.00 million fiber kilometers for Optical Fiber Cable, and 600 metric tonnes for Preform. The funding for this expansion will be a mix of internal accruals, debt, and proceeds from a preferential issue of warrants to the Promoter and Promoter Group entity. Additionally, HFCL has informed shareholders holding shares in physical mode about the mandatory requirement to furnish PAN, KYC, and other details to its Registrar and Share Transfer Agent by September 15, 2026, to avoid restrictions on lodging grievances or availing services. Payments for such folios will be processed electronically only upon furnishing these details, and shareholders are advised to dematerialize their shares.

- On September 14, 2026, HFCL's board approved an additional ₹820 crore capital expenditure for manufacturing capacity expansion.
- The total planned capital expenditure for these initiatives is approximately ₹1,800 crore.
- New facilities are expected to be completed by July 2028 (fiber/cable) and October 2028 (preform).
- Upon completion, annual capacities are projected to be 43.10 million fiber kilometers for Optical Fiber, 62.00 million fiber kilometers for Optical Fiber Cable, and 600 MT for Preform.
- Shareholders holding physical shares must submit PAN and KYC details by September 15, 2026, to avoid service restrictions.

- HFCL LIMITED has informed the Exchange about Capacity addition (Sub-para 3-Para B) |SUBJECT: Capacity addition (Sub-para 3-Para B)
- HFCL Limited has informed the Exchange about General Updates on Intimation to Shareholders holding Shares in Physical Mode for furnishing PAN and KYC Details |SUBJECT: General Updates
- HFCL Limited has informed the Exchange about Capacity addition |SUBJECT: Capacity addition
- HFCL Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Press Release on approval of Additional Investment of Approximately ₹820 crore for expansion of Optical Fiber, Optical Fiber Cable and Preform manufacturing capacities ". |SUBJECT: Press Release
- HFCL Limited has informed the Exchange about Schedule of meet with Jefferies India Forum on Friday, September 18, 2026 at The Oberoi, Gurugram. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- HFCL Limited has informed the Exchange about Schedule of meet with Arihant Capital Bharat Connect Conference, virtually on Tuesday, September 29, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- HFCL Limited has informed the Exchange about Schedule of meet with Nomura India Power, Data Center & AI Infrastructure Tour 2026 on Wednesday, September 23, 2026 at Mumbai |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- HFCL LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- HFCL Limited has informed the Exchange about Copy of Publication of Newspaper Advertisement specifying, inter-alia, Notice of the 39th Annual General Meeting, Voting through Electronic Mode, Record Date and Cut-off Date etc. |SUBJECT: Copy of Newspaper Publication

### Fundamentals

HFCL's reported financials show a positive revenue trajectory in the recent quarters. Revenue from operations increased from ₹1,210.79 crore in Q3 FY2025-26 to ₹1,914.98 crore in Q1 FY2026-27. This growth appears to be translating into improved profitability, with Profit Before Tax rising from ₹136.99 crore in Q3 FY2025-26 to ₹331.54 crore in Q1 FY2026-27. The company's Finance Costs remained relatively stable, reported at ₹62.76 crore in Q3 FY2025-26 and ₹62.48 crore in Q1 FY2026-27. However, Other Expenses saw an increase from ₹120.76 crore in Q3 FY2025-26 to ₹182.25 crore in Q1 FY2026-27. Tax Expense also increased in line with profit growth, from ₹35.74 crore in Q3 FY2025-26 to ₹85.88 crore in Q1 FY2026-27.

While the provided data highlights revenue and profit growth, a comprehensive assessment of financial health would require additional information on the company's balance sheet, debt levels, and cash flow generation. The increase in 'Other Expenses' warrants monitoring to understand its impact on margins.

- Revenue From Operations grew sequentially from ₹1,210.79 crore in Q3 FY2025-26 to ₹1,914.98 crore in Q1 FY2026-27.
- Profit Before Tax increased from ₹136.99 crore in Q3 FY2025-26 to ₹331.54 crore in Q1 FY2026-27.
- Finance Costs remained stable, reported at ₹62.76 crore in Q3 FY2025-26 and ₹62.48 crore in Q1 FY2026-27.
- Other Expenses rose from ₹120.76 crore in Q3 FY2025-26 to ₹182.25 crore in Q1 FY2026-27.
- Tax Expense increased from ₹35.74 crore in Q3 FY2025-26 to ₹85.88 crore in Q1 FY2026-27.

### Bull Case

HFCL's technical indicators show a mixed but potentially constructive setup across different timeframes. While the daily trend exhibits some caution with a bearish Supertrend direction and a negative EMA 20 slope, the monthly and weekly timeframes display bullish Supertrend directions. The monthly view, in particular, shows a strong positive EMA 20 slope, suggesting upward momentum over a longer period. The stock has also demonstrated significant long-term returns, with a 1.78 return over the last year and a 0.89 return since its inception, indicating historical growth. However, recent price action on a daily basis has been under pressure, with the stock falling over 9.44% in the week leading up to September 15, 2026, and touching an intraday low of ₹225.

- Monthly and weekly technical trends show bullish Supertrend direction as of September 18, 2026.
- The monthly EMA 20 slope is positive at 3.86, indicating upward momentum over that timeframe.
- HFCL has achieved a 1.78 return over the past year and a 0.89 return since inception.
- The stock experienced a short-term decline, falling over 9.44% in the week ending September 15, 2026.

- STL Networks Ltd Spikes 4.99%
- VVDN Technologies readies for ₹4,000-5,000 crore IPO
- GE Vernova, CG Power, other power capex stocks tumble up to 16% in 2 days amid global AI caution. What's ahead?
- Sterlite Technologies Ltd Slides 4.99%
- HFCL share price falls over 4% today despite stock market rally | What's behind the plunge?

### Bear Case

HFCL's share price experienced a notable decline, falling over 4% on September 15th, reaching an intraday low of ₹225. This downward pressure has persisted over the past week, with the stock declining over 9.44%. Technical indicators suggest a bearish trend on a daily basis, with the Supertrend indicator at 247.87 and the daily EMA 20 at 228.0, indicating the current price is below these short-term moving averages. The stock is trading below its nearest resistance level of ₹216.18.

- HFCL shares fell over 4% on September 15th, touching an intraday low of ₹225.
- The stock has declined over 9.44% in the past week.
- Daily technical indicators show a bearish trend, with the Supertrend at 247.87.
- The current closing price of ₹215.71 is below the nearest resistance level of ₹216.18.

- STL Networks Ltd Spikes 4.99%
- VVDN Technologies readies for ₹4,000-5,000 crore IPO
- GE Vernova, CG Power, other power capex stocks tumble up to 16% in 2 days amid global AI caution. What's ahead?
- Sterlite Technologies Ltd Slides 4.99%
- HFCL share price falls over 4% today despite stock market rally | What's behind the plunge?

### FAQs

**What is the company's recent capacity expansion plan and its financial implications?**

HFCL Limited's Board of Directors approved an additional capital expenditure of approximately ₹820 crore on September 14, 2026, to expand manufacturing capacities for Optical Fiber, Optical Fiber Cable, and Preform. This brings the total planned capital expenditure for these initiatives to approximately ₹1,800 crore. The investment is intended to increase annual capacities to 43.10 million fiber kilometers for Optical Fiber, 62.00 million fiber kilometers for Optical Fiber Cable, and 600 metric tonnes for Preform. The new facilities are expected to be completed by July 2028 for fiber/cable lines and October 2028 for the preform facility. The funding will come from internal accruals, debt, and proceeds from a preferential issue of warrants.

**What has been the recent stock performance of HFCL and its short-term trend?**

As of September 15, 2026, HFCL shares touched an intraday low of ₹225, falling over 3.71% on that day. The stock has been under pressure, having fallen over 9.44% in the week prior to September 15, 2026. The daily technical trend indicates a bearish Supertrend at 247.87, with the close price of ₹215.71 on September 18, 2026, below the 20-day Exponential Moving Average (EMA) of 228.0.

**What are the key technical support and resistance levels for HFCL shares?**

As of September 18, 2026, key technical levels for HFCL shares include support at ₹207.34 (3.88% below the current price) and resistance at ₹216.18 (0.22% above the current price). Other identified resistance levels are ₹220.03 and ₹221.22, while further support levels are noted at ₹202.32 and ₹195.0.

**What compliance action is HFCL taking regarding shareholders holding shares in physical mode?**

HFCL Limited informed shareholders holding physical shares on September 15, 2026, to provide mandatory PAN, KYC, contact, bank account, and specimen signature details to its Registrar and Share Transfer Agent. This is in compliance with SEBI Master Circular dated February 6, 2026. Unupdated folios will face restrictions on lodging grievances or availing services until the required information is submitted. Payments for such folios are processed only via electronic mode upon furnishing these details, and physical holders are advised to dematerialize their shares.

- STL Networks Ltd Spikes 4.99%
- VVDN Technologies readies for ₹4,000-5,000 crore IPO
- GE Vernova, CG Power, other power capex stocks tumble up to 16% in 2 days amid global AI caution. What's ahead?
- Sterlite Technologies Ltd Slides 4.99%
- HFCL share price falls over 4% today despite stock market rally | What's behind the plunge?
- HFCL LIMITED has informed the Exchange about Capacity addition (Sub-para 3-Para B) |SUBJECT: Capacity addition (Sub-para 3-Para B)
- HFCL Limited has informed the Exchange about General Updates on Intimation to Shareholders holding Shares in Physical Mode for furnishing PAN and KYC Details |SUBJECT: General Updates
- HFCL Limited has informed the Exchange about Capacity addition |SUBJECT: Capacity addition
- HFCL Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Press Release on approval of Additional Investment of Approximately ₹820 crore for expansion of Optical Fiber, Optical Fiber Cable and Preform manufacturing capacities ". |SUBJECT: Press Release
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Insufficient History
- Pivot point: ₹230.06
- Risk regime: Price Risk Requires Attention

### Support levels
- 202.325
- 195
- 181.05

### Resistance levels
- 220.025
- 229.83749999999998
- 256.7

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -4.67% |
| return_10 | -3.66% |
| return_1m | -6.23% |
| return_1y | +177.83% |
| return_20 | +5.91% |
| return_3m | +8.05% |
| return_5 | -12.26% |
| return_6m | +197.00% |
| return_since_start | +89.19% |
| return_ytd | 2.1298607080673246 |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -46.79% |
| annualized_volatility | +47.64% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue More Than Doubles, Company Turns to Profit

HFCL reported revenue of ₹1,914.98 crore for the first quarter of FY2026-27, more than double the ₹871.02 crore in the same quarter last year. The company moved from a net loss of ₹29.30 crore a year ago to a net profit of ₹245.66 crore. Sequentially, profit before tax rose 45% on a 5% revenue increase, and the PBT margin expanded.

## Revenue Growth

Revenue from operations was ₹1,914.98 crore, up 119.85% year-on-year from ₹871.02 crore. Compared to the previous quarter (Q4 FY2025-26), revenue increased 4.98% from ₹1,824.12 crore, sustaining the level from the prior quarter. Quarterly revenue over the past five quarters: ₹871 crore, ₹1,043 crore, ₹1,211 crore, ₹1,824 crore, and ₹1,915 crore.

## Profitability

Profit before tax (PBT) was ₹331.54 crore, compared to a loss of ₹44.70 crore in Q1 FY2025-26. Sequentially, PBT rose 45.46% from ₹227.93 crore in Q4 FY2025-26. Net profit from continuing operations was ₹245.66 crore, versus a loss of ₹29.30 crore a year ago and up 33.19% from ₹184.45 crore in the prior quarter. The PBT margin (PBT as a percentage of revenue) was 17.3%, up from 12.5% in the previous quarter. Basic earnings per share from continuing operations was ₹1.49, compared to a loss of ₹0.22 a year ago and ₹1.21 in Q4.

## Cost Structure

Total expenses were ₹1,614.59 crore. The largest component was material-related costs (cost of materials consumed, purchases of stock-in-trade, and changes in inventories) at ₹1,171.55 crore, or 61.2% of revenue. Employee benefit expense was ₹147.06 crore (7.7% of revenue). Other expenses were ₹182.25 crore (9.5% of revenue), up 78.36% from ₹102.18 crore a year ago, but declining as a percentage of revenue from 11.7% to 9.5%. Finance costs were ₹62.48 crore, nearly unchanged from ₹62.78 crore in Q4 and up 12.33% from ₹55.62 crore a year ago. Depreciation and amortisation expense was ₹51.25 crore.

## Other Income and Tax

Other income was ₹31.15 crore. Tax expense was ₹85.88 crore, resulting in an effective tax rate of 25.9%, compared to 19.1% in Q4 FY2025-26.

## Comprehensive Income

Comprehensive income for

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_18092026160657_HFCL_STX_ESG_Letter_18092026.pdf)
- 2026-09-15 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_4160_WebXMLFile_20260915_135922700.xml)
- 2026-09-15 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_4160_WebXMLFile_20260915_140402850.xml)
- 2026-09-15 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_15092026190836_HFCL_STX_KYC_Letter_15092026.pdf)
- 2026-09-14 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_14092026205936_STX_Announcement_BM_September14_2026.pdf)
- 2026-09-14 — Press Release: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_14092026211015_STX_Announcement_BM_September14_2026.pdf)
- 2026-09-11 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_11092026185312_HFCL_STX_Analyst_Meet_11092026.pdf)
- 2026-09-11 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_11092026185512_HFCL_STX_Analyst_Meet_11092026.pdf)
- 2026-09-11 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_11092026185413_HFCL_STX_Analyst_Meet_11092026.pdf)
- 2026-09-11 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_4160_WebXMLFile_20260911_192300490.xml)
- 2026-09-06 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_06092026183003_HFCL_STX_Newspaper_PostDispatch_06092026.pdf)
- 2026-09-05 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_05092026143416_HFCL_STX_Annual_Report_AGM_Notice_2026.pdf)
- 2026-09-05 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_05092026162516_HFCL_STX_Annual_Report_AGM_Notice_2026.pdf)
- 2026-09-05 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_05092026170648_HFCL_STX_BRSR_2026.pdf)
- 2026-09-05 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_4160_WebXMLFile_20260905_172154461.xml)
- 2026-09-05 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_05092026232546_HFCL_STX_Weblink_Letter_05092026.pdf)
- 2026-09-04 — Annual Report: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31506_HFCL_2025_2026_A_8195941_05092026150029.pdf)
- 2026-09-03 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_03092026192601_HFCL_STX_Newspaper_PreDispatch.pdf)
- 2026-09-01 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_01092026084937_STX_Announcement_2329_Crore_Order_01092026.pdf)
- 2026-09-01 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_4160_WebXMLFile_20260901_212554696.xml)
- 2026-08-19 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_19082026195121_HFCL_STX__HFCL_Australia_Liquidation.pdf)
- 2026-08-19 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_4160_WebXMLFile_20260819_203640245.xml)
- 2026-08-15 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AHMED_15082026195311_HFCL_Analyst_Meet_18082026.pdf)
- 2026-08-15 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_4160_WebXMLFile_20260815_204146328.xml)
- 2026-08-11 — Generic Announcement: HFCL Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_4160_WebXMLFile_20260811_155112806.xml)

## News and market events

- 2026-09-18 — BUSINESS: **STL Networks Ltd Spikes 4.99%** — STL Networks Ltd has added 71.68% over last one month compared to 1.8% gain in BSE Telecommunication index and 3.04% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/stl-networks-ltd-spikes-4-99-126091800233_1.html)
- 2026-09-18 — Mint: **VVDN Technologies readies for  ₹4,000-5,000 crore IPO** — VVDN Technologies' listing plan comes as India’s public-market fundraising window has opened up, with IPOs, qualified institutional placements and block deals picking up simultaneously. — [Source](https://www.livemint.com/market/ipo/vvdn-technologies-readies-for-4-000-5-000-crore-ipo-amid-strong-growth-11789623221393.html)
- 2026-09-16 — Economic Times: **GE Vernova, CG Power, other power capex stocks tumble up to 16% in 2 days amid global AI caution. What's ahead?** — Power capex stocks such as GE Vernova T&D India, CG Power, Hitachi Energy and TD Power Systems fell up to 16% over two sessions amid growing caution around AI development. The stocks had rallied sharply in 2026 on expectations of rising power demand from Indias data centre boom, making them vulnerable to sentiment shifts. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ge-vernova-cg-power-other-power-capex-stocks-tumble-up-to-16-in-2-days-amid-global-ai-caution-whats-ahead/articleshow/134281372.cms)
- 2026-09-16 — BUSINESS: **Sterlite Technologies Ltd Slides 4.99%** — Sterlite Technologies Ltd has added 26.13% over last one month compared to 0.66% fall in BSE Telecommunication index and 4.48% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/sterlite-technologies-ltd-slides-4-99-126091600216_1.html)
- 2026-09-15 — Mint: **HFCL share price falls over 4% today despite stock market rally | What's behind the plunge?** — HFCL shares touched an intraday low of  ₹225, falling over 3.71% on 15 September. The stock has remained under pressure in the near-term as it has fallen over 9.44% in a week. — [Source](https://www.livemint.com/market/stock-market-news/hfcl-share-price-falls-over-4-today-despite-stock-market-rally-whats-behind-the-plunge-11789444607872.html)
- 2026-09-15 — BUSINESSTODAY: **HFCL share price: Why the stock is in focus today?** — HFCL share price, HFCL share price today, HFCL news, HFCL stock price, HFCL stock news — [Source](https://www.businesstoday.in/markets/stocks/story/hfcl-share-price-why-the-stock-is-in-focus-today-555490-2026-09-15)
- 2026-09-15 — MONEYCONTROL: **Business news live: HFCL raises capex to ₹1,800 crore to boost optical fibre production** — business news, business news live, inida business, ipo, nse, bse, corporate announcements — [Source](https://www.moneycontrol.com/news/business/business-news-live-hfcl-raises-capex-to-1-800-crore-to-boost-optical-fibre-production-liveblog-14029844.html)
- 2026-09-15 — Economic Times: **Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun Beverages** — On September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracted selective buying, which limited the days overall losses. Major players like HDFC Bank and IT sectors remained in focus amid relevant corporate announcements. Additionally, SEBI's discussion paper regarding the Closing Auction Session received input on five critical areas. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-hdfc-bank-coforge-hfcl-sun-pharma-and-varun-beverages/articleshow/134245046.cms)
- 2026-09-14 — The Hindu: **HFCL raises capex to ₹1,800 crore for optical fibre capacity expansion** — HFCL raises planned capex to ₹1,800 crore to expand optical fibre, cable and preform production, with additional capacity worth ₹820 crore approved. — [Source](https://www.thehindubusinessline.com/info-tech/hfcl-raises-planned-capex-to-1800-crore-to-expand-optical-fibre-production/article71466354.ece)
- 2026-09-14 — MONEYCONTROL: **HFCL raises capex to Rs 1,800 cr to boost optical fibre production** — hfcl, capex, rs 1800 crore — [Source](https://www.moneycontrol.com/news/business/hfcl-raises-capex-to-rs-1-800-cr-to-boost-optical-fibre-production-14029704.html)
- 2026-09-14 — CNBC-TV18: **HFCL approves additional ₹820 crore capex for optical fibre, cable and preform capacity expansion** — Shares of HFCL Ltd ended at ₹233.45, down by ₹0.15, or 0.064%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/hfcl-share-price-approves-additional-rs-820-crore-capex-for-optical-fibre-cable-and-preform-capacity-expansion-19990399.htm)
- 2026-09-10 — BUSINESSTODAY: **HFCL share price: Why recent rally is a red flag; analyst says this on fresh entry** — HFCL share price, HFCL stock outlook, HFCL buy or avoid, HFCL six month target, Pradeep Halder HFCL view, multibagger stocks 2026, profit booking in stocks, stock market consolidation, time correction in stocks, price correction meaning, HFCL rally analysis, should you buy HFCL now, Indian stock market strategy, momentum stocks India, railway stocks outlook, defence stocks outlook, Hindustan Copper share analysis, Hindustan Zinc stock outlook, retail investor strategy, Business Today Daily Calls — [Source](https://www.businesstoday.in/markets/stocks/story/hfcl-share-price-why-recent-rally-itself-is-a-red-flag-analyst-says-this-on-fresh-entry-554609-2026-09-10)
- 2026-09-10 — Economic Times: **HFCL shares hit lower circuit after 240% rally in 2026. What technical charts now indicate** — HFCL shares hit the 5% lower circuit on Thursday, extending their two-day decline to 7% despite a 240% rally so far in 2026. The stock is currently consolidating in the Rs 257–218 range, with technical indicators pointing to a sideways bias, according to SBI Securities Sudeep Shah. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hfcl-shares-hit-lower-circuit-after-240-rally-in-2026-what-technical-charts-now-indicate/articleshow/133998015.cms)
- 2026-09-10 — Economic Times: **HFCL Share Price Today, HFCL Stock Price Live NSE/BSE Updates | The Economic Times** — HFCL Share Price Today - Get live NSE/BSE quotes of HFCL with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more. — [Source](https://economictimes.indiatimes.com/hfcl-ltd/stocks/companyid-13649.cms)
- 2026-09-08 — Economic Times: **HFCL, Sterlite Tech shares jump 5%: What’s driving up to 705% multibagger run?** — HFCL and Sterlite Technologies hit their upper circuits on Tuesday, extending their sharp 2026 rallies on strong business updates. HFCL has surged over 267% so far this year, while Sterlite Tech has delivered a staggering 705% return, making both standout multibaggers. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hfcl-sterlite-tech-shares-jump-5-whats-driving-up-to-705-multibagger-run/articleshow/133911653.cms)
- 2026-09-08 — Mint: **HFCL Share Price: Over 260% jump in 6 months - what's the reason and what investors should do?** — HFCL share price has been on a strong uptrend of late. The stock has surged over 260% in the last six months on the BSE. In three consecutive sessions, including Tuesday's intraday high, the stock has climbed nearly 16%. — [Source](https://www.livemint.com/market/stock-market-news/hfcl-share-price-over-260-jump-in-6-months-whats-the-reason-and-what-investors-should-do-11788843963233.html)
- 2026-09-07 — BUSINESSTODAY: **HFCL stock hits upper circuit; order book expansion, defence revenue target and more** — HFCL stock hits upper circuit; HFCL stock rises, HFCL stock order book expansion, HFCL stock defence revenue target, HFCL shares rise, HFCL stock gains — [Source](https://www.businesstoday.in/markets/stocks/story/hfcl-stock-hits-upper-circuit-order-book-expansion-defence-revenue-target-and-more-553686-2026-09-07)
- 2026-09-07 — MONEYCONTROL: **Govt readies telecom PLI successor with significant outlay and components focus, targets Q1 FY28 rollout** — telecom, PLI, telecom PLI, Dixon, Syrma SGS, Nokia, Ericsson, VVDN, Samsung — [Source](https://www.moneycontrol.com/news/telecom/govt-readies-telecom-pli-successor-with-significant-outlay-and-components-focus-targets-q1-fy28-rollout-14024086.html)
- 2026-09-07 — CNBC-TV18: **Zydus Wellness up 8%, PVR Inox down 7%: Check out other Nifty 500 top movers** — Some Nifty 500 stocks rallied at market open, while others slid on an executive exit report and profit booking — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/stocks/zydus-wellness-up-8-pvr-inox-down-7-check-out-other-nifty-500-top-movers-19985230.htm)
- 2026-09-04 — CNBC-TV18: **Angel One, BSE rally as cable stocks fall on UltraTech's segment entry at Nifty 500 market opening** — A regulatory review and UltraTech Cement's early entry into the wires and cables segment drove sharp moves across the Nifty 500 at market open — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/nifty-500-angel-one-hfcl-hbl-engineering-kei-industries-polycab-rr-kabel-ultratech-cement-share-price-19983905.htm)
- 2026-08-31 — MONEYCONTROL: **Rs 1,537-crore BSNL order gives Tejas Networks a boost, but Arnob Roy faces a bigger challenge** — Tejas, BSNL, telecom, STL, HFCL, BSNL TEjas, — [Source](https://www.moneycontrol.com/news/telecom/rs-1-537-crore-bsnl-order-gives-tejas-networks-a-boost-but-arnob-roy-faces-a-bigger-challenge-14018831.html)
- 2026-08-27 — BUSINESS: **Sterlite Technologies Ltd Surges 4.8%** — Sterlite Technologies Ltd has added 30.2% over last one month compared to 5.83% gain in BSE Telecommunication index and 1.06% rise in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/sterlite-technologies-ltd-surges-4-8-126082700177_1.html)
- 2026-08-19 — Mint: **Four multibagger stocks with up to 525% returns: What lies ahead?** — These stocks have delivered up to 525% returns in 2026 so far. What lies ahead for them? — [Source](https://www.livemint.com/market/stock-market-news/multibagger-stocks-2026-multibagger-stocks-best-multibagger-stocks-multibagger-stocks-india-11787048317940.html)
- 2026-08-13 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Friday** — Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported sentiment, but elevated crude prices and geopolitical risks kept investors cautious, with Nifty remaining rangebound between key technical levels. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-friday/articleshow/133218209.cms)
- 2026-08-13 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty nears 24,400 as markets recover from the lows** — Sensex Today | Stock Market LIVE Updates: We are in the second half of this Sensex weekly expiry session, and the markets are under pressure again, as the Nifty index falls close to 50 points, falling below 24,350. The Nifty bank index is taking a heavier blow, down over 300 points. Grasim, Ultratech and Hindalco are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-expiry-today-nifty-50-msci-gcpl-lg-tata-motors-lenskart-laurus-adani-ashok-leyland-share-price-liveblog-19968111.htm)

## Business profile

**Strategic vision:** Engineers and manufactures telecom equipment and digital infrastructure solutions.

### Business segments
- **Telecom Equipment Manufacturing:** HFCL manufactures a wide range of telecommunications equipment including optical fiber, optical fiber cables, access solutions, and IP/MPLS routers.
- **Integrated Solutions:** HFCL provides integrated solutions for digital infrastructure and defense sectors, tailored for telecom providers, public sector, and enterprises.
- **Defense Solutions:** HFCL offers defense solutions including Ground Surveillance Radar, Software Defined Radios, and various types of fuzes.

### Competitive strengths
- Indigenous technology development for defense applications.
- Comprehensive portfolio spanning optical fiber, cables, access solutions, and routers.
- Integrated solutions for telecom, public sector, and enterprise digital infrastructure.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/hfcl
Markdown representation: https://faxioms.com/stocks/hfcl?render=md