HFCL Limited shares fell by 3.95% to close at ₹66.30 on the National Stock Exchange on Monday, despite the announcement of a significant export order valued at approximately $72.96 million (₹656.10 crore). The stock initially opened higher at ₹70.98 but later dipped to its 52-week low of ₹65.70 during the trading session.
The Solan-based telecom equipment manufacturer has secured an order for the supply of optical fiber cables through its wholly owned overseas subsidiary to an international client. This contract, received in the normal course of business, is set for execution by November 2026. The company emphasized that this order reinforces the trust global customers have in its manufacturing capabilities and the quality of its products.
The market’s muted response reflects ongoing concerns about the stock’s trajectory, which has seen a 48% decline from its 52-week high of ₹134.88 recorded exactly one year ago on December 6, 2024. Year-to-date, HFCL shares have decreased by 41.85%, notably lagging behind market performance.
Trading volumes were significant, with 306.28 lakh shares changing hands and valued at ₹209.90 crore; however, the deliverable quantity was only 28.56%. The stock has exhibited considerable volatility, with an annualized figure of 51.97%.
Despite the recent order win, investor sentiment remained cautious, likely due to apprehensions regarding execution timelines and the company’s overall financial performance amid a challenging market landscape, where nearly one in four Nifty 500 stocks have dropped over 30% from their peaks.
Published on December 8, 2025.
