New Delhi, March 27 -- HFCL share price climbed over 2 per cent in intraday trade on BSE on Thursday, March 27, even as promoters reduced their stake in the telecom infrastructure provider firm. HFCL share price opened at Rs.79.77 against its previous close of Rs.79.75 and rose over 2 per cent to an intraday high of Rs.81.43. Around 11:50 AM, the stock traded 1.37 per cent higher at Rs.80.84, looking set to snap its two-day losing run. In the last two sessions, the stock suffered a cumulative loss of over 6 per cent.

In an exchange filing on March 27, HFCL announced that promoter MN Ventures Private Limited sold some of its stakes in the company on March 13, 21 and 24 this year.

MN Ventures held 29,08,65,000 shares, or 20.16 per cent st...