1695.3000 -5.90 (-0.35%)
NSE Jun 13, 2025 15:31 PM
Volume: 2.0M
 

1695.30
-0.35%
ICICI Securities Limited
HCL Tech (HCLT) has reported Q1FY24 revenue at US$3,200mn, down -1.1% QoQ in US$ and down 1.3% QoQ in CC terms below our/consensus estimate of 0%/0.8% QoQ CC growth. Softness in revenue growth was led by decline in ER&D (16% of revenue) by 5.2% QoQ CC, in IT and business services (75% of revenue) by 0.1% QoQ CC and in software products and platforms by 3.1% QoQ CC.
HCL Technologies Ltd. has an average target of 1785.77 from 13 brokers.
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