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Nº 11 Wednesday, 22 July 2026 · World Edition
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HFCL's X-factor is defence & aerospace? Deven Choksey sees another 66% upside potential, here's why

Markets-Economic Times · 1h ago · 🇮🇳 India
HFCL's X-factor is defence & aerospace? Deven Choksey sees another 66% upside potential, here's why

HFCL shares have surged over 250% in six months, but Deven Choksey Research believes the rally is far from over. The brokerage initiated coverage with a Buy rating and a target price of Rs 362, citing defence, aerospace and AI-driven optical connectivity as the company's next major growth engines.

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