HFCL Limited shares declined 3.95 per cent to close at ₹66.30 on the National Stock Exchange on Monday, despite the company announcing a significant export order worth approximately $72.96 million (₹656.10 crore). The stock opened higher at ₹70.98 but retreated to touch its 52-week low of ₹65.70 during the session.
The Solan-based telecom equipment manufacturer has secured the order for supplying optical fiber cables through its overseas wholly owned subsidiary to an international customer.
The order, received in the normal course of business, is scheduled for execution by November 2026. The company stated this reaffirms the trust global customers place in its manufacturing capabilities and product quality.
The market’s tepid response reflects broader concerns about the stock’s performance, which has fallen 48 per cent from its 52-week high of ₹134.88 recorded exactly a year ago on December 6, 2024. Year-to-date, HFCL shares have declined 41.85 per cent, significantly underperforming the market.
Trading volumes were robust with 306.28 lakh shares changing hands, valued at ₹209.90 crore, though deliverable quantity stood at just 28.56 per cent. The stock has shown high volatility with an annualized figure of 51.97 per cent.
Despite the new order win, investor sentiment remained cautious, possibly due to concerns about execution timelines and the company’s overall financial performance amid a challenging market environment where nearly one in four Nifty 500 stocks are down over 30 per cent from their peaks.
Published on December 8, 2025
