Shares of HCL Technologies Ltd. fell nearly 10% on Tuesday despite the company meeting street expectations in its third quarter (Q3FY25) results. At 10:46 am, HCLTech’s shares were trading 9.02% lower at Rs 1,806.20 on the Bombay Stock Exchange (BSE). Earlier, its shares hit an intraday low of Rs 1,798.40. HCL Technologies Q3 results HCLTech … Read more
Shares of HCL Technologies on Monday rose 4% to the day’s high of Rs 1,627 on BSE after the company posted 20% year-on-year (YoY) growth in its consolidated net profit to Rs 4,257 crore for the quarter ended June 2024. The profit for the same period last year stood at Rs 3,534 crore. The revenue … Read more
Domestic markets experienced one of the best weeks in 2024 with Nifty and Sensex extending closing at record highs last week. In today’s trade, shares of HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank among others will be in focus due to news developments and first quarter results. HDFC Life, Jio Financial, HDFC AMC, … Read more
HCL Technologies, part of the Indian IT sector, managed to climb all walls of worries to give a breakout from a rounding bottom formation on the daily charts and hit a fresh record high which has opened room for the stock to head into uncharted territory. Short-term investors can look to buy the stock now … Read more
NEW DELHI: The September quarter earnings of IT services majors Tata Consultancy Services (TCS), Infosys, and HCL Tech have left analysts upbeat on margins, and deal wins but discretionary demand played spoilsport. TCS reported an EBIT margin of 24.3%, Infosys 21.2%, and HCL Tech 18.5%. Domestic brokerage firm Kotak Institutional Equities said the figures were … Read more
Taking inspiration from Chandrayaan-3, Nifty50 has skyrocketed into uncharted territory. Amid strong optimism in the market, Nifty50 just scaled the 19,900 mark, but many are eagerly awaiting the next big target – the magical 20,000 figure. In just 15 sessions, the NSE flagship index has rallied nearly 900 points from the 19,000 level, hit on … Read more
MUMBAI: HCL Technologies today reported mixed bag earnings for the quarter ended September. While the company was able to beat Street’s estimate on the bottom line, its topline growth failed to impress. The Noida-based IT services major reported a 1.7 per cent sequential growth in consolidated net profit to Rs. 3,259 crore and a 2.9 … Read more