1489.8000 -11.30 (-0.75%)
NSE Aug 14, 2025 15:31 PM
Volume: 4.2M
 

1489.80
-0.75%
ICICI Securities Limited
Likely to clock upper end of dollar revenue guidance Revenues in constant currency grew 6% QoQ supported by full quarter consolidation of select IBM products acquisition. Though the revenue run rate of IBM deal is expected to be lower than earlier estimates ($625 million annually) in FY20E, this along with other acquisitions is likely to lead to ~6% inorganic growth in the fiscal. The key highlight is ~10-11% growth estimate in organic business for FY20E. This is on the back of ramp up in existing deals and new deal signings (15 in Q2FY20). Additionally, easing of...
HCL Technologies Ltd. has an average target of 1735.08 from 12 brokers.
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