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HCL Tech tumbles 4.5% as analysts cut price targets after Q1 results
HCL Technologies shares dropped significantly on Tuesday following analyst target reductions. Most foreign brokerages trimmed their price targets after the company's first-quarter results. The Nifty IT index also saw a decline, mirroring the broader market trend. Despite this, many domestic brokers maintain a positive outlook on the stock. Analysts still project a potential upside from current trading levels.
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economictimes.indiatimes.com
HCL Tech Q1 preview: Revenue may dip QoQ; net profit could rise on currency depreciation
HCL Technologies is expected to report a mixed performance for the June quarter, with brokerages forecasting steady year-on-year profit growth but sequential revenue weakness.…
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HCLTech FY guidance stays muted despite $2.4 billion deal momentum
HCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significant investment in a datacentre for…
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HCL Tech shares fall 3% after Q1 results. What Nomura, Motilal Oswal & other brokerages suggest now
HCL Tech shares fell over 3% despite reporting a 20% YoY rise in Q1FY27 consolidated net profit to Rs 4,624 crore and a 13% increase in revenue to Rs 34,579 crore. The IT major…
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thehindubusinessline.com
HCL Tech shares decline as unchanged FY27 guidance signals slower recovery
HCL Tech shares drop over 3% as FY27 guidance indicates slower recovery, with brokerages divided on stock outlook.
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HCL Tech tumbles 4.5% as analysts cut price targets after Q1 results
HCL Technologies shares dropped significantly on Tuesday following analyst target reductions. Most foreign brokerages trimmed their price targets after the company's first-quarter…