HFCL hits lower circuit after record Q2 profit
In short
HFCL shares hit the 5% lower circuit even after the company posted record Q2 FY27 results. Net profit rose to ₹394.22 crore and revenue more than doubled. The company also said it expects at least 80% revenue growth in FY27, with a ₹28,900 crore order book and ₹1,800 crore of planned capacity spending.
The stock move shows investors were still cautious despite the strong earnings update.
What the reporting says
HFCL shares hit the 5% lower circuit on the day after the company reported record Q2 FY27 results, with net profit rising to ₹394.22 crore and revenue more than doubling. The company also said it expects at least 80% revenue growth in FY27, backed by a ₹28,900 crore order book and planned ₹1,800 crore capacity investments. The stock fell despite the upbeat numbers.
Why it matters
HFCL shares fell to the 5% lower circuit after the company reported record Q2 FY27 profit of ₹394.22 crore and more than doubled revenue. The company also pointed to at least 80% FY27 revenue growth, a ₹28,900 crore order book and ₹1,800 crore of planned capacity investments. The market reaction suggests investors were not persuaded by the reported growth outlook.