HCL Technologies Ltd News

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%_64381

The deterioration of the US corporate sector profitability would lead to tighter IT spending

HCL Tech seeks double-digit growth, larger global footprint: Roshni Nadar_62274

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

HCL Tech to acquire Bengaluru-based Quest Informatics for Rs 15 cr cash_61066

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

Nifty IT dips 3%; Coforge, LTI fall up to 9%; here's what's worrying Street_60264

According to analysts, IT companies have lost their sheen after March quarter results highlighted slowdown in deal momentum, and margin pressure

Chart check: Nifty IT down 11% in April; Is it time to buy TCS, HCL Tech?_56947

Overall, the Nifty IT index has declined 19 per cent from its historic peak of 39,446 recorded in early January, 2022. Charts indicate 31,000 to 30,000 as the accumulation range for the index.

HCL Technologies gains 3% in a weak market post stellar Q4 results_55841

HCL Tech has guided for revenue growth of 12-14 per cent CC in FY23 on the back of continued traction in the services business, healthy deal intake and deal pipeline.

Stocks to Watch: RIL, Paytm, ITC, ICICI Bank, HCL Tech, ONGC, NBFCs_55801

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

Stocks to Watch: HCL Tech, Nestle, Escorts, IndiGo, MRPL, Tata Steel, Nykaa_55427

Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday

HCL Tech Q4: From PAT to margin guidance, here're the key things to track_55187

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.

Fitch affirms Wipro, HCL Tech's long term 'A-' rating, outlook stable_47913

The rating agency, in a statement, said it has affirmed Wipro's senior unsecured rating on the $750-mn senior notes due 2026

IT shares gain on Accenture's strong Q2 show, higher revenue guidance_45276

The strong guidance indicates that spending on change programs continues to be robust, a positive for Indian IT.

Bucking the trend! Nifty IT jumps 2% owing to weaker Re; TCS, Infosys shine_40903

The IT services companies, who make most of their revenues servicing clients in US tend to benefit from a weaker rupee.

TCS, Wipro, Infosys, TechM, HCL Tech: Buy these stocks for up to 19% return_26940

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

NCLAT issues stay order on insolvency proceedings against HCL Tech_20920

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

HCL Tech to hire 40,000-45,000 freshers for FY23 to meet attrition threat_19913

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

Spends on tech are only going to increase: HCL Tech chief C Vijayakumar_19830

In a Q&A, the company's CEO & MD dwells on the firm's growth momentum, supply challenges and demand

Margin headwinds may cap upsides for HCL Tech despite strong top line show_19937

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

Post Q3 results: Trading strategies for HCL Tech, HDFC Bank, Metro Brands_19701

Traders and Investors need to be cautious about the shift in trend, whenever vital supports are violated, it is time to be watchful.

HCL Technologies tanks 7% on margin disappointment in December quarter_19640

EBIT margins for services (IT services+ ER&D) were down 190 bps on a QoQ basis.

Stocks to Watch: HDFC Bank, Brightcom, HFCL, Metro Brands, REC, Airlines_19608

HDFC Bank and HCL Technologies are likely to react to Q3 numbers this morning. While the former reported 18 per cent YoY growth in net, the latter too beat Street expectations.