$HFCL

HFCL shares are likely to remain in focus on June 18 after the company secured a ₹2,666.09 crore contract from Rail Vikas Nigam Limited (RVNL) under the BharatNet Phase-III project for the Uttar Pradesh (West) Telecom Circle. The project includes the supply, installation, testing, and commissioning of telecom equipment, the development of an optical fibre cable network, and a 10-year maintenance commitment, which includes a one-year warranty period. This order adds to the ₹2,167.65 crore worth of BharatNet Phase-III contracts previously awarded to HFCL by RVNL for projects in the Uttar Pradesh (East) and Uttar Pradesh (West) telecom circles, strengthening the company's order book. Earlier in May, HFCL also received a ₹135.09 crore purchase order from RailTel Corporation of India for the annual maintenance contract of the Secure Operations Network project supporting Indian defence forces' data centres. On the stock market front, HFCL shares hit a 52-week high of ₹208.80 on June 4, 2026, and a 52-week low of ₹59.83 on January 23, 2026. The stock is currently trading 8.91% below its 52-week high and has surged 217.9% from its 52-week low. The company's market capitalisation stands at ₹29,112.06 crore.