WHY THE SHARE PRICE OF HFCL IS NOT MOVING UP DESPITE HAVING GOOD ORDERS FOR MORE THAN RS.11000/- CRORES.

There are three things which are proving as road block for this share upward journey. 

1.Only one allottee of Equity Share Warrants issued on preferential basis at Rs.16/- in Oct end of 2017 paid the balance but others have yet to pay by April 30 2019 (18 months period will end on April 30 2019).Mr.Shankar Sharma is also an allottee here. 

2.New Optic Fibre manufacturing plant is also expected to start production from May 2019 (by that time General elections shall also be over.)

3.Promoters are still getting haunted by SEBI syndrome and hence Financial Institutions are not making investments in this Company. But after May  2019 on wards only one may see sudden upward movement based on expected backward Integration.”