Stock Market Today, July 25 -- HFCL declared a Rs.700 crore fundraise on Friday as it reported an improved Q1FY26 performance.

HFCL, while considering the unaudited financial results for the first quarter of the Financial Year 2025-26, both standalone and consolidated, also announced fundraising details.

HFCL announced a fund for its plans for raising up to Rs.700 crores (seven hundred crore rupees only) in one or more tranches and/or one or more issuances simultaneously or otherwise.

The fundraising, as per HFCL, could be by way of an issue of fully paid-up equity shares or any other equity-based instruments or securities and/or any other financial instruments/securities convertible into and/or linked to equity shares, convertible pre...