HFCL at 103x P/E: Does a Rs 21,206 cr order book justify the 268% rally?
- Posted on June 29, 2026
- By Financial Express
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- 1 min read
HFCL at 103x P/E: Does a Rs 21,206 cr order book justify the 268% rally?
A 268% rally from the 52-week low. A record order book. A genuine operational turnaround. But after a sharp re-rating, the bigger question is whether the business can now justify the expectations built into the stock price.
