HCL Technologies News and Updates

Name: Latest research reports of HCL Technologies Ltd. authored by ICICI Direct and published by - Trendlyne research reports.
Item: HCL Technologies Ltd.
Rating: 3
Author: ICICI Direct

Keep track of all breaking news on HCL Technologies from all sources in a single place.

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HCL Technologies Ltd.

14 Oct 2025

1636.10

0.04%

HCL Technologies

Hold: HCL Technologies Ltd.

Target

ICICI Direct

Q2FY26 Performance: HCLTech reported revenue of US$3,644 mn, up 2.8% QoQ & 5.8% YoY (up 2.4% QoQ/ 4.6% YoY in CC terms). The services business was up by 2.5% QoQ/ 5.5% YoY CC. EBIT margin at 17.4%, was up ~110 bps QoQ. Services (IT & Business services and ER&D services) margin stood at 16.5%, up ~90 bps QoQ....

HCL Technologies Ltd. has an average target of 1684.92 from 12 brokers.

HCL Technologies Ltd.

14 Oct 2025

1636.10

0.04%

Q2FY26 – Strong quarter with broad-based growth, margin uptick, and record deal wins.

Accumulate: HCL Technologies Ltd.

Target

Deven Choksey

HCL Tech posted a strong Q2 FY26 with broad-based growth, solid deal wins, and margin expansion. The company raised its Services growth guidance to 4–5% YoY CC, maintaining overall guidance at 3–5% YoY CC, while reaffirming EBIT margin at 17–18% despite near-term wage headwinds.

HCL Technologies Ltd. has an average target of 1684.92 from 12 brokers.

HCL Technologies Ltd.

14 Oct 2025

1636.10

0.04%

Robust Q2 earnings led by broad-based revenue growth

Hold: HCL Technologies Ltd.

Recommendation Target

ICICI Securities Limited

HCLT reported a strong beat on revenue driven by broad-based growth across key verticals. HCLT has quantified ‘Advance AI’ revenue of USD 100mn for Q2 (3% of overall revenue on annualised basis). It acknowledged the deflationary impact in renewal deals with a reduction in overall ACV in 5 out of 10 large deals.

HCL Technologies Ltd. has an average target of 1684.92 from 12 brokers.

HCL Technologies Ltd.

13 Oct 2025

1636.10

0.04%

HCL Technologies Results Earnings Call for Q2FY26

Conference Call with HCL Technologies Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.

audio

HCL Technologies Ltd.

13 Oct 2025

1636.10

0.04%

A standout quarter

Buy: HCL Technologies Ltd.

Target

Motilal Oswal

HCL Technologies (HCLT) reported 2QFY26 revenue of USD3.6b, up 2.4% QoQ CC vs. our estimate of 1.7% QoQ CC growth. EBIT margin came in at 17.4% vs. our estimate of 16.8%.

HCL Technologies Ltd. is trading above all available SMAs

HCL Technologies Ltd.

12 Oct 2025

1636.10

0.04%

HCL Tech Q2 Results Preview: Revenue may rise up to 9.5% YoY; deal ramp-up to boost growth and margins

Economic Times

HCL Technologies, India's third-largest IT services firm, is set to report Q2 earnings with net profit estimated between Rs 4,1364,491 crore and revenue of Rs 31,25231,603 crore. Analysts will watch FY26 guidance, margin trends, large deal wins, and sectoral performance, amid ongoing restructuring and sequential growth in BFSI, ER&D, and digital verticals.