India, June 4 -- The shares of this mid cap company majorly engaged in enabling telecom infrastructure, with an active interest in telecom infrastructure development, system integration, and manufacturing, supply of high-end telecom equipment, and many more, were in focus after the company unveiled defence-sector restructuring and multiple other plans.

With the market capitalization of Rs. 31,645 Crores, the shares of HFCL limited reached an intraday high of Rs. 208.80 per share rising nearly 4.5 percent from its previous day close of Rs. 199.85 per share and is trading at a P/E of 101 whereas industry P/E stands at 15.1.

Investment in HFCL Advance Systems (HASPL) HFCL's board approved an investment of Rs. 89.25 crore in its wholly-owne...