HFCL shares surged another 8% on Monday, extending their one-month rally to over 50%, as investors continued to react positively to the company’s strong Q4 FY26 earnings, upbeat growth guidance and improving outlook for the telecom equipment sector.
The stock climbed as much as 8.7% to ₹161.90 on the NSE, also hitting a fresh 52-week high during the session. Over the past one month, HFCL shares have rallied nearly 51%.
The sharp move comes after the company reported a strong turnaround in Q4 FY26. HFCL posted a consolidated net profit of ₹178.5 crore against a loss of ₹81.4 crore in the year-ago quarter. Revenue more than doubled to ₹1,824 crore from ₹800.7 crore a year earlier.
EBITDA stood at ₹315 crore compared to an EBITDA loss of ₹36 crore in Q4 FY25, reflecting a significant improvement in operational performance.
Investor sentiment also received a boost after the company guided for 20–25% revenue growth going ahead, along with EBITDA margin expansion of 3–4%.
Apart from earnings, optimism around the telecom equipment space has further supported the rally. Earlier today, Amit Goel of BlueOak Wealth told a media news channel that he remains positive on the sector and recommended HFCL as a buy at around ₹149 levels with a target of ₹154.
HFCL has also been among the key beneficiaries of rising investor interest in telecom infrastructure, optical fibre and defence communication themes.
At 9:58 AM, HFCL shares were trading at ₹161.10, up 8.70% on the NSE.
Disclaimer: The article is for informational purposes only and should not be considered as investment advice.