1663.5000 -32.50 (-1.92%)
NSE May 16, 2025 13:16 PM
Volume: 1.7M
 

1663.50
-1.92%
Motilal Oswal
HCLT delivered in line revenue growth (2.5% QoQ CC) in 4QFY21, led by strong traction in IT Services (+4.4%), but partially offset by muted ER&D; (+0.7%) and a fall in Products and Platforms (-4.9%) due to seasonality and client-specific weakness. EBIT margin (adjusted for one-time bonus impact of 370bp) fell 250bp QoQ to 20.4% on wage hike (60bp), seasonality in Products and Platforms (70bp), higher fresher hiring (60bp), forex (20bp), and impairment charges (60bp). The management guided at double-digit USD revenue growth and 19-21% as the EBIT margin band for FY22....
HCL Technologies Ltd. is trading above its 50 day SMA of 1546.9
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