HFCL Ltd Sees Surge in Trading Activity Amid Mixed Performance 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 27,983,915 shares and a total traded value of approximately Rs 244.22 crores. The stock opened at Rs 88.50 and reached a day high of Rs 89.27, while the day low was recorded at Rs 85.78. As of the latest update, the last traded price (LTP) stands at Rs 88.45.
Despite its active trading, HFCL has underperformed relative to its sector, showing a 1D return of -0.81%, compared to the sector's return of 0.80% and the Sensex's return of 0.68%. The stock's performance is noteworthy as it remains above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below the 200-day moving average.

Investor participation has seen a significant increase, with delivery volume rising by 88.48% against the 5-day average, reaching 76.24 lakhs on June 5. The stock's liquidity is also favorable, accommodating trade sizes of Rs 2.57 crores based on 2% of the 5-day average traded value. Overall, HFCL Ltd continues to demonstrate notable activity in the market, reflecting its mid-cap status with a market capitalization of Rs 12,720.05 crores.