Bengaluru, May 23 -- The shares of this telecom manufacturer surged by 3 percent on Friday, despite posting poor financial results. In this article, we will dive deep into its financial performance and try to find some reasons why it went up today.

With a market capitalisation of 12,593 crores, the shares of HFCL Ltd are currently trading at Rs 87.3 per share, down by 49 percent from its 52-week high of Rs 171 per share. Over the last five years, the stock has delivered a multibagger return of 883 percent.

Financial Highlights HFCL reported a consolidated revenue of Rs 4,065 crores in FY25, down 8.95 percent from Rs 4,465 crores in FY24. On a year-on-year basis, revenue declined 39.60 percent to Rs 801 crores in Q4 FY25 from Rs 1,326 cr...