Wednesday, 6 September 2017

HFCL extends gains, breaches upper circuit

The shares of Himachal Futuristic Communications jumped nearly 20% intraday during Wednesday’s trading session amid weak markets.

The stock was trading up by 19.91% at Rs 25.60 per share on BSE at 1212 hours. It opened at Rs 21 per share. The stock breached its upper circuit at Rs 25.60 per share. The stock also witnessed a spurt in volume by more than 3.53 times and it also hit fresh 52-week high at Rs 25.60 per share on Wednesday.

The stock attracted a total traded volume of 7,54,21,846 shares and traded value of Rs 18,033.36 lakh on NSE at 1215 hours. Shares of the company rose by around 41.04% in last five trading sessions to its current market price of Rs 25.60 per share, from a close of Rs 18.25 on September 1, 2017. 


Himachal Futuristic Communications Limited is a telecom infrastructure enabler. The Company’s activities span across infrastructure development, system integration, and manufacture and supply of telecom equipment and Optic Fiber Cable (OFC)..

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