HFCL Ltd shares were locked at the 5% upper circuit on the Bombay Stock Exchange on Thursday, June 25, trading at ₹215.35.
The move came as the broader Indian equity market posted strong gains, lifting the telecom equipment maker alongside other mid-cap performers.
The stock has been a standout performer in recent months, surging approximately 200% over the past three quarters.
The stock has been a standout performer in recent months, surging approximately 200% over the past three quarters.
HFCL touched a 52-week high of ₹220.10 on June 22, marking a significant recovery from its 52-week low of ₹59.83 recorded in January 2026.
The sharp appreciation reflects sustained buying interest in the name, which has outpaced many sector peers.
The rally appears driven by broader market sentiment rather than a specific company announcement on Thursday.