HFCL shares jump 5% after Rs 2,666-crore RVNL order; stock soars 200% in 6 months

HFCL shares rose 5 percent after the company bagged a Rs 2,666 crore contract from RVNL for telecom equipment supply, optical fibre cable network creation, and 10-year maintenance under the BharatNet Phase-III programme. The stock is now up 200 percent in six months, with its overall order book at an all-time high of around Rs 21,200 crore. Brokerage Monarch Networth Capital sees a high-quality earnings turnaround, supported by 20-25 percent revenue growth guidance for FY27, expanding exports (41 percent of FY26 sales vs 11 percent in FY24), and new optionality in defence, aerospace, and data-centre infrastructure.