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HFCL Stock Dives Despite $73M Export Order
8 Dec, 2025
Summary
- HFCL shares fell 3.95% to ₹66.30 after announcing a $72.96 million export order.
- The order is for optical fiber cables, with execution set for completion by November 2026.
- The stock is down 48% from its 52-week high, showing significant underperformance.
HFCL Limited shares saw a notable dip of 3.95%, settling at ₹66.30 on the National Stock Exchange on Monday. This decline occurred even as the company announced a substantial export order valued at approximately $72.96 million (₹656.10 crore) for its optical fiber cables.
The order was secured through HFCL's overseas subsidiary for an international customer and is slated for execution by November 2026. Despite this positive business development, the market's reaction was subdued, reflecting ongoing concerns about the stock's performance.
Year-to-date, HFCL shares have depreciated by 41.85%, significantly underperforming the market. The stock's performance has been marked by high volatility and a 48% drop from its 52-week high of ₹134.88 reached a year prior.
