Page 2 - Hcl Technologies

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

HCL Technologies tanks 7% on margin disappointment in December quarter

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

HCL Tech to acquire Hungary-based Starschema in a $42.5-mn deal

The strategic acquisition will bolster HCL's capability in digital engineering driven by data engineering and increase its presence in Central and Eastern Europe.

HCL Tech's Q3 net profit falls 13.6% to Rs 3,442 cr, revenue rises 15.7%

On constant currency basis, revenue was up 7.6% sequentially, one of the best quarters in the last 12 years, said the IT firm

Fresher hiring at HCL Technologies to touch 20,000-22,000 this fiscal

HCL Technologies Chief Human Resources Officer Apparao V V said the company has already added 17,500 freshers as of January 10

HCL Tech Q3 Results: Net profit falls 13.6% to Rs 3,442 cr

However, revenue rose 16% to Rs 22,331 crore in Q3FY22

Sensex ends 466pts off low, down 12pts; Nifty holds 18,250; IT stocks shine

TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.

HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand

The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.

HCL Tech completes acquisition of 51% stake in German IT company GBS

In December, HCL Technologies had announced that it will acquire 51 per cent stake in GBS

IT index slips 4% in 2 days on profit booking following a strong 10% rally

The October-December (Q3) quarter is expected to be another strong quarter for IT companies after strong performance witnessed in Q2FY22.

BSE IT index at an all-time high, up 10% in Dec on hopes of strong Q3 show

IT stocks were in demand on hopes of strong Q3 earnings post Accenture performance. 63 Moons has zoomed 117% this month, while stocks like CyberTech, Brightcom and D-Link have soared over 30% so far

Market wrap: Sensex snaps 3-day rally, ends 191 pts lower; Nifty holds 17k

Data Patterns sees blockbuster debut at 48% premium; HCL Technologies surges 5% amid block deal buzz; L&T Finance Holdings dips 7% on divestment of Asset Management business

Sensex snaps 3-day rally, ends 191pts lower; Data Patterns up 28% on debut

Energy, auto, healthcare and banking shares were the major losers, while IT shares managed to buck the trend.

HCL Technologies surges 5% amid block deal buzz, stock hits a 10-week high

Till 09:26 am; around 8.15 million equity shares or 0.30 per cent stake of the company had changed hands on the NSE, the exchange data showed

Here's why HDFC Securities is bullish on HCL Tech, Dr Reddy's Labs

Nifty should be held long with the stoploss of 16,650.

Stocks to Watch: Metro Brands, RIL, IOC, HCL Tech, MCX, JSW Energy, Yes Bk

Metro Brands seems set for a tepid debut given the poor response to its initial public offer

HCL Tech names ex-KPMG exec Santhosh Jayaram as global sustainability head

Jayaram had led the sustainability and climate change practices at KPMG and Det Norske Veritas

Sensex ends 157 pts higher, Nifty reclaims 17,500; ITC surges 5%, L&T 3%

The broader markets logged smart gains for the third straight trading session; Advancing shares outnumbered declining stocks in nearly 2:1 ratio on the BSE

HCL Tech and apoBank to acquire German IT consulting firm gbs for 99k euros

The transaction, worth 99,000 euros, is expected to close in January 2022, subject to closing conditions

HCL Tech says to hire 12,000, including 2,000 freshers, in US over 5 years

Hiring will be done across roles including in IT consulting, cloud, data analytics and digital engineering