Announced Wed, 7 Oct, 2026 · 16:30 IST
Maithan Alloys buys 0.03 percent stake in HFCL for Rs 10.44 Cr
MAITHANALL · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹904.50
prior close
₹910.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.4-1.3-1.5——————————
Up moveDown movePending
AI summary
Maithan Alloys acquired 3,97,251 equity shares (0.03 percent) of HFCL Limited through the stock exchange on 6 October 2026 for Rs 10.44 Crore in cash. HFCL is a telecom infrastructure company with FY26 turnover of Rs 4,528 Crore and PAT of Rs 253 Crore. The purchase is a passive investment with no intent to gain control and was done at arm's length.
Likely market impact
Minor passive investment in a listed telecom company. Small 0.03 percent stake means no control or material impact on Maithan Alloys.