1566.4000 -53.40 (-3.30%)
NSE Jul 15, 2025 15:31 PM
Volume: 14.7M
High volume today

1566.40
-3.30%
IDBI Capital
HCLTech delivered 3.7% YoY revenue growth despite a seasonal 0.8% sequential dip, driven by strong demand in technology, telecom, retail, and financial services, with solid performance in Europe and the Rest of the World. Operating margins declined to 16.3% due to lower utilization from early hiring, a client bankruptcy, and continued investments in GenAI and go-to-market capabilities. Services grew 4.5% YoY, while software revenue declined 3%YoY. Bookings totaled USD 1.8bn, with two large deals delayed to Q2, supporting confidence in near-term growth. Company deepened its AI-led strategy through partnerships...
IDBI Capital decreased Hold price target of HCL Technologies Ltd. to 1725.0 on 15 Jul, 2025.
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