HFCL's X-factor is defence & aerospace? Deven Choksey sees another 66% upside potential, here's why
- Posted on July 22, 2026
- By Business News Today
- 0 Views
- 1 min read
In brief
Generating AI summary…
HFCL's X-factor is defence & aerospace? Deven Choksey sees another 66% upside potential, here's why
HFCL shares have surged over 250% in six months, but Deven Choksey Research believes the rally is far from over. The brokerage initiated coverage with a Buy rating and a target price of Rs 362, citing defence, aerospace and AI-driven optical connectivity as the company's next major growth engines.
