1633.0000 -19.00 (-1.15%)
NSE May 22, 2025 15:52 PM
Volume: 2.2M
 

1633.00
-1.15%
Phillip Capital
USD revenues grew by 6.5% qoq to $1691mn inline with our but higher than street estimates of 5.3% growth. CC growth of 6.0% - positive cc impact of 50bps qoq. Volvo acquisition contributed $40mn to the revenue in the quarter. Geographies: Strong growth in Europe (+17.8% qoq) due to Volvo acquisition. US/ROW grew 2.1%/1.8% qoq (+2.0%/0% qoq in CC terms). Service lines: IMS grew by 17.1% qoq (Volvo acquisition) while Application/ERD grew by 2.2%/0.8% qoq. BPO declined by -16.0% qoq. Verticals: Retail grew 15.8% qoq, Manufacturing +12.6% qoq (Volvo acquisition) and...
HCL Technologies Ltd. is trading above its 50 day SMA of 1552.6
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