New Delhi, May 25 -- Shares of HFCL (Himachal Futuristic Communications Limited) have been making significant strides on Dalal Street in recent months, hitting multiple record highs and defying broader market volatility, as investor sentiment remained buoyed by steady order wins and a solid March quarter performance, helping the stock deliver multibagger returns in under two months.

After remaining under prolonged pressure, the shares staged a sharp recovery in April with a 71% surge. The rally remained intact in May, with the stock gaining another 40.34%, taking the cumulative rise to nearly 140% in less than two months. Along the way, the stock touched multiple record highs, with the latest being recorded in today's trade at Rs.163 api...