HFCL shares slip 10% in two sessions after sharp 165% rally in 2026

June 8, 2026

HFCL shares have corrected about 10% in two sessions after a sharp 165% rally in 2026, driven largely by profit booking. Despite strong fundamentals, rising order inflows, and robust earnings recovery, elevated valuations and overbought technical indicators suggest the possibility of near-term consolidation in the stock.

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