HFCL share price: HFCL shares extended their sharp rally on Wednesday, October 21, climbing 5% to a fresh 52-week high of ₹282.10 as investors responded to the telecom equipment maker's record quarterly performance, robust order book and optimistic growth outlook. The stock has surged 371% from its 52-week low of ₹59.83, recorded in January 2026, putting it firmly in the spotlight among momentum-driven stocks.
The rally has gathered pace over recent months. HFCL shares have gained 5% in one week, 25% in one month, 23% in three months and 175% in six months. Over the past year, the stock has advanced 271%, giving multibagger returns.
The sharp appreciation follows a substantial improvement in the company's financial performance, supported by growing demand for optical fibre, telecom infrastructure, data centre connectivity and defence equipment. However, with the stock trading at record highs, investors will need to weigh its growth prospects against the risk of volatility after such a steep rally.
HFCL reported its strongest-ever quarterly financial performance for the September quarter of FY27, with consolidated revenue climbing 143.62% year-on-year (YoY) to ₹2,541.79 crore. Consolidated profit after tax (PAT) jumped 448.14% to ₹394.22 crore, more than five times the level recorded a year earlier.
For the first half of FY27, consolidated revenue rose 132.8% YoY to ₹4,456.77 crore, compared with ₹1,914.36 crore in the corresponding period last year. EBITDA increased to ₹1,103.27 crore from ₹246.3 crore, while net profit surged to ₹639.86 crore from ₹42.62 crore.