Global EconomyLivemint•1 min read•10/16/2026 (2h ago)

HFCL shares jump 277% in 2026 ahead of Reliance Jio IPO; Nuvama says buy rating. Check target price and Jio connection

HFCL shares jump 277% in 2026 ahead of Reliance Jio IPO; Nuvama says buy rating. Check target price and Jio connection
60-Word AI Digest

Nuvama initiated coverage of HFCL with a Buy rating and a ₹380 target, citing its shift toward telecom and networking products, strong order book, investment plans and opportunities in data centers and defence.

Key Takeaways

  • HFCL shares jump 277% in 2026 ahead of Reliance Jio IPO; Nuvama says buy rating. Check target price and Jio connection
  • Nuvama initiated coverage of HFCL with a Buy rating and a ₹380 target, citing its shift toward telecom and networking products, strong order book, investment plans and opportunities in data centers and defence.
  • Click full coverage link below for the complete official dispatch.

Nuvama initiated coverage of HFCL with a Buy rating and a ₹380 target, citing its shift toward telecom and networking products, strong order book, investment plans and opportunities in data centers and defence.

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HFCL shares jump 277% in 2026 ahead of Reliance Jio IPO; Nuvama says buy rating. Check target price and Jio connection — Loop60