Shares of HFCL rallied as much as 5% to hit an upper circuit of Rs 209.65 on the BSE on Friday, extending gains for a sixth trading session as the company announced it secured a contract worth approximately Rs 2,666.09 crore from Rail Vikas Nigam Limited (RVNL) for the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle.
With Friday’s surge, HFCL shares are now up 226% in 6 months and about 204% in 2026.