HFCL shares drop 2% after skyrocketing 92% in one month. Time to buy or better to wait?
- Posted on May 8, 2026
- By Business News Today
- 0 Views
- 1 min read
HFCL shares drop 2% after skyrocketing 92% in one month. Time to buy or better to wait?
HFCL shares saw a 2% dip after a significant 92% surge in a month which prompted profit booking. Despite this, the stock has rallied nearly 147% year-to-date. Analysts at Geojit maintain a 'Buy' rating with a target of Rs 150, citing a strong order book, defense sector expansion, and favorable long-term fiber demand outlook.
