Markets a bit disappointed with HCL Tech: Kawaljeet Saluja

In a chat with ET Now, Kawaljeet Saluja, Executive Director and Head of Research, Kotak Institutional Equities shares his views on HCL Technologies.

ET Now: What about HCL Tech's performance? Why is the market still sceptical of the performances as well as the stock price?

Kawaljeet Saluja: The markets are a little bit disappointed with the revenue growth and the deal wins HCL Tech had over the last four quarters, which is approximately $4 billion. The market expected some kind of an uptick in the revenue growth trajectory. Barring that, the results were well received at least by the investor community.