Emkay Global Research sees a 22% upside in HCL Technologies, gives ‘Buy’ rating

IT firm HCL Technologies on Friday delivered a strong broad-based revenue growth in Q2 and beat its mid-quarter revised guidance and consensus estimates. The IT major posted 18.5% rise in September quarter net profit at ₹3,142 crore. HCL Tech had registered a net profit of ₹2,651 crore in the July-September 2019 quarter (as per US […]

HCL Technologies share falls over 4% post Q2 earnings

Shares of IT firm HCL Technologies fell almost 5% intraday on Friday after the company posted its Q2 earnings. The company reported an 18.5% year-on-year (YoY) rise in net profit at Rs 3,142 crore for the September quarter compared with Rs 2,651 crore profit in the corresponding quarter of last year. At the opening bell, […]

Stocks in focus: HCL Tech, RIL, Bharti Airtel, Lakshmi Vilas Bank, Mindtree, Federal Bank, South Indian Bank

Analysts say the trend going forward will depend on the supportive measures announced in context to stimulus and commentary of Q2 results Nifty futures were trading 67 points higher at 11,762 on Singaporean Exchange, indicating a gap-up opening for BSE Sensex and Nifty 50 on Friday. In the previous session, headline indices fell over 2.5 […]