Nuvama Initiates Buy Rating on HFCL Citing Telecom and Data Centre Growth
Nuvama Institutional Equities has initiated coverage of HFCL with a Buy rating and a target price of Rs 380, citing the company's strategic shift from turnkey contracts to telecom and networking products, which now constitute 83% of Q1 FY27 revenue. The brokerage highlights growth opportunities in data centers, AI-driven optical fibre demand, and defence diversification. HFCL is expected to achieve compound annual growth rates of 39% in revenue, 68% in EBITDA, and 92% in profit after tax between FY26 and FY29. Key risks include global data centre capex slowdown and delays in preform capacity expansion.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (72/100). Lens Score 37/100.
Outlets measured: mint, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (70–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 16 Oct, 06:56 am. Other outlets followed.