AI boom hands HFCL investors nearly 200% returns in just 6 months. Overheated or undervalued? (opens original article in a new tab)

HFCL, an optical fibre cable manufacturer, saw its stock rise nearly 200% in six months due to growth in India's data centre industry and AI infrastructure demand, with strong financial results and a major international contract.

• HFCL's stock rose nearly 200% in six months due to growth in data centre industry and AI infrastructure demand.
• HFCL's FY26 revenue nearly doubled to Rs 4,949 crore, with EBITDA at Rs 827 crore and profit after tax at Rs 329 crore.
• HFCL secured a major international contract worth Rs 10,159 crore for optical fibre cables, boosting global market presence.