hcl tech stock price

Have HCL Tech in your portfolio? Here’s what investors should do post Q3 results

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Have HCL Tech in your portfolio? Here’s what investors should do post Q3 results

NEW DELHI: After surprised Street with a 5% quarter-on-quarter (QoQ) growth in constant currency terms, analysts see little downside in the IT stock given the recent correction and high dividend yield. Brokerages say the Q3 earnings were ahead of estimates led by higher-than-expected revenue growth in the software business. Strong revenue growth guidance of 16-16.5% … Read more

Analysts slash HCL Tech’s earnings estimate but eye up to 50% upside post Q1 earnings

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Analysts slash HCL Tech’s earnings estimate but eye up to 50% upside post Q1 earnings

New Delhi: Brokerages retained their positive outlook on stock even as they slashed earnings estimates for the tech giant following its mixed bag show for the June 2022 quarter. Major international brokerages have cut their EPS estimates for the IT major thanks to the pressure on the margin front. However, their estimates suggest an up … Read more