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The Economic Times
The Economic Times
Debaroti Adhikary

HFCL shares soar 10% to fresh record high, skyrocket 172% in four months. Should you buy or wait?

HFCL shares surged nearly 10% to hit a fresh 52-week high on Monday, extending gains for the fourth consecutive session, with analysts flagging key technical levels for investors to watch after the sharp rally.

The telecom equipment and optical fibre cable manufacturer had hit a 52-week low of Rs 59.82 in January this year. In less than four months, the stock has rallied around 172% to touch a fresh record high of Rs 162.50 on Monday.

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