HFCL share price hit a 52-week high of ₹230.90, rising 4.24% on BSE and extending its rally for the fifth consecutive session. The telecom infrastructure stock has rallied more than 13% in five sessions amid strong buying momentum. According to SBI Securities, the stock has been consolidating in the ₹180-230 range for the last eight weeks and is now trading near the upper band of its consolidation range. The company's revenue in Q1FY27 surged 119.9% to ₹1,915 crore from ₹871 crore year-on-year, driven by ramping AI data centre demand and increased exports. At 10:00 AM, HFCL was trading 3.81% higher at ₹229.95 on the BSE.
HFCL reported its highest-ever revenue and profitability in Q1FY27, with the company swinging to a profit of ₹229 crore compared to a loss of ₹32.2 crore in the year-ago quarter. The company's revenue from operations surged 119.9% to ₹1,915 crore from ₹871 crore year-on-year. At the operational front, EBITDA jumped to ₹414 crore from ₹28.8 crore, while EBITDA margin improved to 21.6% from 3.3% year-on-year. The company doubled its revenue guidance for FY27 to 40%, reflecting strong confidence in continued growth momentum.
According to reports from The Financial Express, the US is preparing to ban the import of certain data centre parts, leading to a 25% surge in two major optical fibre companies with strong US market interest. The report, published a week ago, has already triggered significant investor interest in Indian optical fibre suppliers. China's optical-fibre cables currently face a 35% anti-dumping duty, reducing price competitiveness and causing many US buyers to avoid Chinese suppliers regardless of pricing. The Commodity Research Unit expects optical-cable demand from data centres to rise 63% globally in 2026, driven by rapid AI workload expansion requiring higher bandwidth and fibre intensity across data-centre networks.
According to SBI Securities, the technical indicators show strengthening bullish momentum with the RSI in a rising mode and DI+ placed above DI- on the ADX indicator, highlighting buyers' control. The MACD line has crossed above the signal line with rising green histogram bars, reinforcing the bullish bias. A decisive and sustained move above ₹230 could trigger a continuation of the uptrend, while the ₹200-₹195 zone is likely to act as immediate support. HFCL has delivered exceptional returns with multibagger returns of 240% on a year-to-date basis, 230% in six months, and 50% in three months.
According to Forbes, Japanese optical technology company Santec Holdings has successfully turned the AI data-centre boom into a niche-market advantage by focusing on specialized optical testing and tunable lasers. The company's revenue and net profit more than tripled between 2022 and 2026, with revenue rising 31% to ¥31.5 billion and net profit jumping 51% to ¥7.7 billion for the year ended March 31, 2026. Santec's market value reached ¥221 billion, or about $1.4 billion, by late July, compared with roughly ¥21 billion in 2021. The company holds around 50% global market share in tunable lasers and optical testing equipment accounted for 71% of revenue in fiscal 2026, while optical components contributed another 20%.
