HFCL: Stock jumps 3.5% after securing 1,000 acres of land in AP for defence manufacturing facilitiesHFCL: Stock jumps 3.5% after securing 1,000 acres of land in AP for defence manufacturing facilities

Introduction

Leading defence and technology company has received government approval for 1,000 acres in Andhra Pradesh to establish manufacturing facilities for artillery shells, TNT, and Multi-Mode Hand Grenades, expanding its defence sector operations.

Also Read: Shyam Metalics: Stock jumps after it enters crash barrier manufacturing to support road and rail safety

Share price movement of HFCL

On September 12, 2025, HFCL Ltd opened at ₹71.01, up 1.01% from its previous close of ₹70.29. The stock reached a high of ₹73.36 (4.27%) and a low of ₹71.01. By 12:01 PM, it traded at ₹72.47, a 3.10% increase, with a market cap of ₹10,455.05 crore.

HFCL Secures 1,000 Acres for Defence Facilities

HFCL Limited has received approval from the State Investment Promotion Board, Andhra Pradesh, for allotment of 1,000 acres in Madakasira Mandal for defence manufacturing facilities.

Phase I will involve 329 acres and Phase II 671 acres, allotted by APIICL. The facilities will produce artillery shells, TNT, and Multi-Mode Hand Grenades (MMHG).

The land allotment enables HFCL to set up defence manufacturing units. The project aligns with the company’s expansion plans in the defence sector.

Stock performance of HFCL for Period of 1 week, 6 months, and 1 year

HFCL Ltd delivered a 0.63% return over the past week, it declined 9.37% in the past six months. The stock fell 53.3% over the past year.

Also Read: Jupiter Wagons: Stock jumps 8% after its subsidiary bags railway order for 9,000 LHB axles

Shareholding pattern of HFCL

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	31.60%	34.40%	35.90%
FII	7.80%	7.00%	6.70%
DII	14.00%	13.30%	11.00%
Public	46.60%	45.40%	46%
Others	0.00%	0.00%	0.10%

About HFCL

HFCL Ltd (NSE: HFCL) is a telecom infrastructure company engaged in network development, system integration, and manufacturing high-end telecom equipment, optical fiber, and optic fiber cables, serving diverse communication and technology requirements across India.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs