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Munish_Jain
Dec 28, 2023 6:24 PM

HFCL | Multiyear Breakout Long

HFCL LTDNSE

Description

📊 DETAILS
Sector: Telecommunication - Equipment
Mkt Cap: 11,823 cr

HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC).

TTM PE : 38.67 (High PE)
Sector PE : 53.06
Beta : 1.35

📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation

5.32% away from 52 week high
Outperformer - HFCL up by 24.06% v/s NIFTY 50 up by 9.5% in last 1 month

📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

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Trade active

Comment

Trail SL to 78

Trade closed: target reached

T1

Trade active

Comments
deepakstark3521
i've entered at 84 now would go for 2nd target ?
Munish_Jain
deepakstark3521
thanks
deepakstark3521
is still a buy ?
Munish_Jain
@deepakstark3521, It is. Have to find suitable entry, one bearish day and we might get the entry I mentioned
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