HCL Technologies

he company has two centres in India, one each in Bangalore and Hyderabad and last year it announced the setting up of a centre in Hyderabad

In the Sensex pack, Tech Mahindra, Hindustan Unilever, HCL Technologies, Asian Paints, NTPC, Tata Steel, Infosys, Axis Bank, and Bajaj Finserv were among the biggest laggards

The country's top 50 promoter families earned Rs 709.4 crore on average from their companies in FY22, while the median income of these promoters was Rs 123.2 crore in the last fiscal

HCL Technologies had recently reported over three fold jump in its consolidated net profit for fourth quarter ended March 2022 at Rs 3,593 crore

HCL Technologies reported dollar revenue growth of 11 per cent year-on-year at $2.99 billion for FY22

Also on offer: Higher promotions, work flexibility, eldercare & childcare support to track attrition.

Quest currently serves more than 40 global leaders in the aftermarket space with its cloud-enabled aftermarket ERP, field services management, and digital parts catalog product suites

Though HCL Tech has bit the bullet, industry majors, which too are battling high attrition, have not given any such signal, so far.

Stocks to watch today: Retail investors' shareholding in Paytm doubled in the March quarter to 7.72 per cent

HCL Tech expects revenue to grow between 12-14 per cent in constant currency for fiscal 2023

Brokerages expect the firm's earnings before interest and tax (EBIT) margins to have fallen sequentially by up to 90 basis points on supply side pressures and subdued P&P performance.

Analysts believe top-line growth will be driven by broad-based demand

IT company HCL Technologies has extended its relationship with The Royal Automobile Club of Victoria (RACV) with a multi-year agreement to provide Integration-as-a-Service offering. The company did not divulge the size of the contract. As a motoring club, RACV is a member-driven organisation that provides a range of products and services in motoring and mobility, home, leisure, financial services and general insurance. HCL has helped ramp RACV's digital platform by enabling a backbone that promotes self-service, an increased digital footprint and a seamless experience for 2.1 million RACV members across Victoria. The 'Integration-as-a-Service' platform bundles various accelerators around code automation and monitoring, which contributes toward a more stable IT environment and notably improves the performance and resilience of RACV's member-facing services. "As part of the renewed relationship, HCL's API-led (application programming interface) architecture will reduce complexity wi

Infosys continues to defend the support from past four months; TCS shares have three supportive technical parameters that attract buying and accumulation.

Analysts, however, expect markets to recover from here on as they have reached their key support zones.

Case against HCL Tech was filed with NCLT in 2019 by Sahaj Bharti Travels, which claimed HCL Tech had continued to default on its payment under minimum guarantee clause of the agreement

Is also paying higher increments and retention packages, expanding to tier 2&3 cities and other geographies

In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively

What works in favour are strong revenue growth, deal wins and attractive valuations