HFCL Rallies 20%, Surges To Highest Level In Over 19 Years

Shares of telecom equipment maker HFCL, formerly known as Himachal Futuristic Communications Limited, rallied as much as 20 per cent to hit Rs 87 for first time since 2002 on the back of heavy trading volumes. A total of 1.07 crore HFCL shares changed hands on the BSE compared with an average of 61.35 lakh shares traded daily in the past two weeks. On the National Stock Exchange over 12.39 crore HFC shares were traded on Monday, data...