HFCL Ltd Sees Surge in Trading Volume and Positive Market Activity in Telecom Sector

HFCL Ltd, a prominent player in the Telecom Equipment & Accessories industry, has emerged as one of the most active stocks today, with a total traded volume of 14,675,464 shares and a total traded value of approximately Rs 132.96 crores. The stock opened at Rs 89.14 and reached a day's high of Rs 92.65, reflecting a notable intraday increase of 2.57%. As of the latest update, HFCL's last traded price stands at Rs 91.07, marking a 3.52% return for the day, significantly outperforming its sector, which recorded a 1.23% increase.
The stock's performance is further underscored by its delivery volume, which surged to 1.69 crore shares on May 16, representing a remarkable 156.78% rise compared to the five-day average. Additionally, HFCL's liquidity remains robust, with trading activity reflecting 2% of the five-day average traded value, indicating sufficient market participation for trades around Rs 2.99 crores.

HFCL's market capitalization is currently valued at Rs 13,206.23 crores, categorizing it as a mid-cap stock. Overall, HFCL's performance today highlights its active trading status and positive movement within the telecom sector.