BusinessPhoto: Mint MarketsHFCL Shares Surge 277% in 2026 Ahead of Reliance Jio IPO
Nuvama initiated coverage of HFCL with a Buy rating and set a target price of ₹380. The firm highlighted HFCL's strategic shift towards telecom and networking products, a strong order book, investment plans, and growth opportunities in data centers and defence sectors. This surge comes ahead of the anticipated Reliance Jio IPO in 2026.
Mint Markets·


