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HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...- HCL Tech shares tank over 9% after weak Q4. JPMorgan, HSBC & 3 others cut target priceHCL Tech shares fell sharply after the March quarter results and FY27 guidance disappointed D-Street expectations. While Q4 profit and reve...
- Rajesh Palviya recommends 'sell on rise' strategy amid crude price pressure“Looking at the crude price, yes, there is a significant supply pressure. We have seen in last couple of trading session in crude oil price...
- HCL Tech Q2 results tick most boxes. Will it drive stock re-rating?“This strong growth guidance and margin performance (despite wage hikes) in an environment, where the demand for IT services is expected to...
- Stock Radar: 3 reasons why this Sensex stock from IT space could come out of bear grip in next 12 monthsInvestors with a long-term horizon can look at buying the stock at current levels or on dips for a potential target of Rs 1,380 with a 12-m...
- Why is IT index down? TCS, Wipro among 34 stocks where FIIs reduced stake in March quarterFIIs have reduced stake in over 30 companies from IT/ITES space, shows data collated on 18 April from StockEdge. The list includes Wipro, M...
- Nifty50 stocks that analysts recommend buying this weekEarnings rating is calculated based on three factors - earnings surprises, estimate revisions and recommendation changes.
- HCL's valuation discount to peers widens. Is it a good buying opportunity?HCL Tech has fallen some 17 per cent off its September high as the IT firm failed to meet Street expectations in Q2, leading to weakness in...
- HCL Tech up almost 1% on robust outlook for Q3At 09:25 hours (IST) the company’s scrip was at Rs 1,233.40, up 0.98 per cent on the National Stock Exchange.
- Stock market update: IT stocks gain; HCL rises 1%The Nifty IT index was trading 0.57 per cent up at 18168.25.
- FPIs cut stake in Infy, raise in TechM, TCSForeign fund managers have cut their stake in Infosys at a time when two whistleblower complaints hit the software major. In comparison, du...
- HCL Infosystems shares plummet 10% after Q2 earningsThe company had posted a loss of Rs 33 crore in July-September 2018, a regulatory filing said.
- Infosys trades with gains ahead of Q2 resultMarket experts believe that the company will revise its guidance upward for FY20.
- Stock market update: Most IT stocks trade higher; HCL Tech up nearly 3%The Nifty IT was trading 0.56 per cent up at 15385.45
- Share market update: IT shares in the red; MindTree, HCL among top losersBenchmark NSE Nifty50 index was up 96 points at 10,824.85 while BSE Sensex was up 351.87 points at 36,068.82 around 12:00 pm.
- HCL Tech falls 1%, Bajaj Finance climbs 1% on news of Sensex forayOn the BSE Bankex, Punjab National Bank will be dropped for City Union Bank.
- Share market update: Nifty IT index trades lower; Infibeam Avenues slips 3%Benchmark NSE Nifty50 index was down 54.25 points at 10,070.65 while BSE Sensex was down 156.32 points at 33,533.77 at that time.
- HCL Tech pares gain, trades flat post Q2 resultsConsolidated revenue from the operations jumped 19.52 per cent YoY.
- HCL Technologies climbs 2% as board considers share buybackThe promoters — Shiv Nadar and his family – are expected to participate in the buyback.
- HCL Tech outperforms Infosys, WiproRevenue grew sequentially by 3.4 per cent to $1,407 million, compared to Infosys' 2 per cent and Wipro's 1.2 per cent; TCS was higher at 5....
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