Signal Desk · Markets

HFCL, MTAR and Sterlite Tech hit 5% lower circuits

2026-11-02 · 1 source · Business Standard Markets

In short

HFCL, MTAR Technologies and Sterlite Technologies were locked in 5% lower circuits in market trade.

The report says their prices were still sharply higher in calendar year 2026, even after the drop. It does not say what caused the fall or whether the losses continued.

What the reporting says

HFCL, MTAR Technologies and Sterlite Technologies hit 5% lower circuits in market trade, according to the headline and publisher summary. The only reported context is that, even after the recent correction, their calendar-year-2026 share prices were still far above earlier levels, while the BSE Sensex had fallen 11.6%. The reporting does not say what triggered the selloff or whether the move held.

Why it matters

HFCL, MTAR Technologies and Sterlite Technologies fell to 5% lower circuits in market trade. The publisher summary says that, despite the correction, STL was up 664%, MTAR up 171% and HFCL up 151% in calendar year 2026, while the BSE Sensex was down 11.6%. The report does not identify a catalyst for the selling or any company-specific development.

Touches: HFCL, MTAR Technologies, Sterlite Technologies, Markets, Companies

Sources