DO NOT SELL YOUR HOLDINGS IN HFCL
- HFCL EXPECTED TO START COMMERCIAL PRODUCTION AT ITS NEW OPTICAL FIBRE PLANT AT TELENGANA NEAR HYDERABAD BY END OF APRIL 2019.
- ALLOTTEES OF SHARE WARRANTS (THESE WERE ALLOTTED IN OCT 2017 ON PREFERENTIAL BASIS WITH 25% APPLICATION MONEY AND THE BALANCE BY END APRIL 2019 ) SHALL BE DEPOSITING BALANCE MONEY TO GET EQUITY SHARES ALLOTMENT.
- ORDERS IN HAND MORE THAN Rs.13,000 CRORES.
- SHARE PRICE INTENTIONALLY GETTING SUPPRESSED BY BROKERS WHO ARE ACCUMULATING NOW IN HUGE QUANTITY.
- COMPANY MAY GET GOOD DEFENSE ORDERS IN COMING MONTHS
- FINANCIAL YEAR 2019-20 MAY SEE A STEEP UPWARD MOVEMENT IN PERFORMANCE AND SHARE PRICE.
This is my personal opinion and observations based on financials of the company and other news in media and in no way one should tale it as my recommendation for fresh investments as one should do one's own research before making any investment
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