HFCL: Our stakeholders that the Company has today i.e. October 22, 2026 incorporated a wholly-owned subsidiary,…
HFCL (HFCL) filed a disclosure titled "Our stakeholders that the Company has today i.e. October 22, 2026 incorporated a wholly-owned subsidiary, namely, HFCL Connectivity Systems Limited (CIN: U42202HR2026PLC152025)". The company is valued at about ₹38,502…
What happened
HFCL (HFCL) filed a disclosure with the exchanges on 22 October 2026 at 08:24 PM titled "Our stakeholders that the Company has today i.e. October 22, 2026 incorporated a wholly-owned subsidiary, namely, HFCL Connectivity Systems Limited (CIN: U42202HR2026PLC152025)".
Company snapshot
HFCL is a mid-cap company in the Telecommunication sector, with a market value of about ₹38,502 crore.
The stock last traded at ₹251.6, against a 52-week range of ₹59.82–₹282.3 (10.9% below the high).
Before this filing the shares had moved +22.8% over the month and +21.5% over three months. Average daily turnover over the last 20 sessions was about ₹201 crore.
Promoters held 28.29% at the end of Q2 FY27; 57.86% of promoter shares were pledged. Foreign institutions owned 17.24% and domestic institutions 10.38%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,043 | 67.9 | 0.47 |
| Q3 FY26 | 1,211 | 97.6 | 0.67 |
| Q4 FY26 | 1,824 | 178.5 | 1.21 |
| Q1 FY27 | 1,915 | 228.6 | 1.49 |
| Q2 FY27 | 2,542 | 362.9 | 2.37 |
What history shows
This is not the company's first corporate update disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 1.8% on average the next trading day and was up 3.4% on average after five days (11 filings with price data).
Market-wide, 284 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.4%, with 40% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Oct 2026 | With reference to the Company's earlier disclosures regarding the… | +10.2% | +9.9% |
| 18 Sept 2026 | Intimation of ESG rating by Niche Ninety Nine Capability and… | +2.5% | −4.5% |
| 15 Sept 2026 | Pursuant to Regulation 30 read with Part A of Schedule III of SEBI… | −5.7% | −2.1% |
| 14 Sept 2026 | We are pleased to inform all our stakeholders that in view of the… | −8.9% | −5.4% |
| 5 Sept 2026 | Pursuant to the provisions of Regulation 30 and Regulation 36(1)(b)… | +8.3% | +1.0% |
In the news
Recent coverage elsewhere (links open the original publisher):
- HFCL Q2 Results: Stock in 5% upper circuit after multi-fold jump in topline, operating profit
- HFCL Q2 Results: Profit Jumps Over Fivefold To Rs 363 Crore
- HFCL Q2 Results: Net Profit jumps 448% to ₹394 Crore, Revenue up 144%, Shares climb 5%
- HFCL stock hits upper circuit as Q2 FY27 profits surge over 5x y-o-y
- 1:5 Stock Split + Rs 146 Dividends Today: BEML, IRCTC, HFCL, KPI Green Energy, Stocks Turn Ex-Date On Sept-22
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.