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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

vialivemint.com16 Oct
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.

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