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The Economic Times
The Economic Times
Debaroti Adhikary

HFCL shares hit lower circuit after 240% rally in 2026. What technical charts now indicate

Shares of HFCL dropped 5% to hit the lower circuit on Thursday, extending a 7% fall in two days as investors may have resorted to profit booking after the multibagger stock delivered a whopping 240% return so far in 2026.

HFCL shares dropped to Rs 233.16 on NSE on Thursday. Despite the recent decline, the stock has gained around 7% in a week and 10% in a month. Over the past year, the optical fibre manufacturer’s shares have surged more than 230%.

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