HFCL shares rise 5% on capacity expansion and strong Q1 profit
pre-market1 source ↓written by the desknot a recommendation
- to an intraday
- 5%
- in a new
- ₹215 cr
HFCL shares surged nearly 5% to an intraday high of ₹228 after reporting a Q1 FY27 net profit of ₹246 cr. The company plans to invest ₹215 cr in a new manufacturing facility for data centre connectivity products, expected to be operational by September 2027. This expansion aims to meet rising global demand for advanced connectivity solutions.
Not investment advice. For informational purposes only.