Shares of HFCL climbed as much as 9% to Rs 190 on the BSE on Friday, extending gains for a second straight session and rising 17% over this period. The stock has been on a strong run in 2026, surging 170% year-to-date.
On Wednesday, the company received a purchase order worth around Rs 135.09 crore from RailTel Corporation of India for the annual maintenance contract (AMC) of the Secure Operations (OPS) Network project for data centres used by Indian defence forces. The scope included setting up a secure defence communication network comprising hardware, software, data centre infrastructure and AI-enabled network security systems.