HFCL Share Price
The HFCL share price was trading down 2.35% at Rs 98.66 on Friday, January 24, 2025. The total market capitalization of the company stood at Rs 14,301 crore. In the last year, HFCL has hit a 52-week high of Rs 171 and a 52-week low of Rs 80.25.
Trading Range of HFCL Stock
HFCL Limited shares were priced at Rs 36.65 on January 1, 1999. Yesterday, the stock was trading at Rs 98.66 per share. The closing price on Thursday was Rs 101.03, and on Friday it remained in the range of Rs 98.50 to Rs 103.33.
Key Update: HFCL New Contract
HFCL Limited has attracted attention after securing a key contract from RVNL Limited. This contract worth Rs 2,167.65 crore involves the supply of optical fibre cables, telecom equipment and related items for BharatNet Phase-III in Uttar Pradesh.
The contract should be completed within the next three years and includes a 10-year maintenance period and a one-year warranty for the telecom equipment. This contract is exclusively for the eastern and western telecom circles of Uttar Pradesh as part of the BharatNet initiative.
HFCL Stock Performance
- Last 5 Days: The stock has declined by 5.98%.
- Last 1 Month: It has declined by 13.70%.
- Last 6 Months: HFCL shares have declined by 17.41%.
- Last 1 Year: The stock has declined by 6.62%.
- Last 5 Years: HFCL has given a stellar return of 478.65%.
- Long Term Performance: The stock has given a return of 169.20%.
On a year-to-date (YTD) basis, HFCL shares have declined 13.47%.
HFCL’s recent contract wins could positively impact its future prospects, even though its share price has declined recently. With its strong long-term performance history and participation in major projects such as BharatNet, HFCL remains a stock worth watching for potential investors.
Also Read: HFCL Share Price Target
I am a content writer with over 6 years of experience in the finance sector, holding an MBA and CFA. I enjoy providing accurate insights on market trends and investment strategies.