HFCL shares dropped over 4.8% to ₹140.75 on Monday despite the company announcing a ₹106.19 crore ($11.07 million) optical fibre cable export order from an international client through its overseas subsidiary. The order is scheduled for execution by August 2026. Analysts attributed the decline to profit booking after the stock hit a 52-week high on May 14. Trading volumes crossed 25 million shares during the session. Sentiment was also impacted by concerns over rising raw material costs, supply chain disruptions, and geopolitical tensions in West Asia. Despite the correction, HFCL shares have rallied 104% in 2026 so far, gained 47% in the last month, 66% in one year, 125% in three years, and over 255% in five years.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
