1638.3000 -25.40 (-1.53%)
NSE Jul 11, 2025 15:31 PM
Volume: 2.5M
 

1638.30
-1.53%
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 below its 30 day SMA of 1692.4
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