HFCL share price rises 4% despite weak trends on Dalal Street. Do you own?

HFCL share price rose 4% to an intraday high of ₹199 despite weakness in broader markets, where the Sensex fell 111 points. The stock gained after the company disclosed winning a ₹2,666.09 crore contract from RVNL for the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle, covering telecom equipment supply, OFC network development, and 10-year maintenance. The order is in addition to ₹2,167.65 crore of BharatNet contracts awarded in January 2025 and a ₹135.09 crore order from RailTel secured in May.