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The Economic Times
The Economic Times
Business
Veer Sharma

Multibagger HFCL shares hit 5% upper circuit for second session. What’s triggering the surge?

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.

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