Flag and Pole pattern formation in process for a return of 50% and more.
Re-rating on cards with the change in fundamentals. Promoter buying stake from open market.
Strong order book for the next 2 years. Pledged shares going down gradually.
Government strategies aligned with the company's business.
Themes based investing for HFCL:
1)Additional 4G spectrum allocation
2)Large scale Fiber To The Home rollout
3)5G opportunity
4)Railway Communication
5)Electric Mobility opportunity through its subsidiary company
Every dip should be looked at as an opportunity to buy from hereon.
#TradeTheTrend#ThemeBased#FundamentalPick
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