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Q3, HCLTech
India's HCLTech tumbles nearly 10% after Q3 revenue miss
Shares of HCLTech plunged nearly 10% on Tuesday, set for their worst session since September 2015, after India's No. 3 software services provider missed quarterly revenue estimates and raised only the lower end of its full-year sales outlook.
HCLTech Q3 Results: Net Profit Rises 8.4%, Meets Estimates
The information technology major's revenue rose 3.6% sequentially to Rs 29,890 crore in the October-December period, as compared to Rs 28,862 in the preceding quarter. That compares with the Rs 30,036 crore consensus estimate of analysts tracked by Bloomberg.
HCLTech shares tumble nearly 10% after Q3 results. What should investors do?
Several brokerages have shared their views on the IT giant's Q3 results. Brokerage firm Morgan Stanley maintained an 'Equal-Weight' rating with a target price of Rs 1,970.
India's HCLTech misses Q3 revenue estimate, tightens forecast
HCLTech , India's third-largest software company, posted a smaller-than-expected December-quarter revenue on Monday, with clients holding back discretionary tech spending amid macroeconomic uncertainties.
India’s 3rd Largest IT Firm HCLTech Shares Slide on Revenue Miss, Profit Tops Estimates
Indias third-largest IT services provider, saw its shares fall on Tuesday following third-quarter results that missed revenue forecasts. The company reported a 5.1% rise in
cnbctv18
2d
HCL Tech Q3 Results Highlights: IT firm shares are top Nifty 50 losers post 9% fall
IT company HCLTech on Monday (January 13) reported a 5.54% growth in consolidated net profit to ₹4,591 crore for the December ...
Business Wire
3d
HCLTech Delivers Strong Q3 FY25 with Broad-Based Growth
HCLTech, a leading global technology company, delivered strong performance for the quarter ended December 31, 2024 with $3.5 ...
3d
HCL Tech Q3 Results Live Updates: Profit rises 6% YoY to Rs 4,591 cr, revenue up 5%, company declares Rs 18 dividend
HCL Technologies, India’s third-largest IT services company by market capitalization, is projected to report a year-on-year ...
2d
on MSN
HCLTech posts 5.5 pc net income growth at Rs 4,591 crore in Q3
Global technology company HCLTech on Monday posted 5.5 per cent growth (year-on-year) in net income at Rs 4,591 crore for Q3 ...
cnbctv18
3d
HCLTech Q3 profit climbs 8.4% QoQ to ₹4,591 crore; margins in line with estimates, dividend declared
HCLTech’s Q3 net profit rose 8.4% quarter-on-quarter (QoQ) to ₹4,591 crore, slightly below the CNBC-TV18 poll estimate of ...
India Today on MSN
2d
Explained: Why HCLTech share price fell nearly 10% despite positive Q3 results
At 10:46 am, HCLTech's shares were trading 9.02% lower at Rs 1,806.20 on the Bombay Stock Exchange (BSE). Earlier, its shares ...
2d
on MSN
HCLTech Q3: Management Shares Outlook On Demand, GenAI & Hiring Plans
HCLTech Ltd on Monday recorded a 5.54 per cent year-on-year (YoY) rise in its consolidated net profit for the third quarter ...
2d
Jefferies, CLSA, Morgan Stanley retain 'Hold' on HCLTech despite Q3 miss
HCLTech declared a dividend of Rs 18 per share, including a special Rs 6 per share dividend to commemorate 25 years since its ...
ndtvprofit
2d
HCLTech Q3 Results Review - Guidance Upgrade Dampens Enthusiasm; Motilal Oswal Reiterates 'Buy' On The Stock
Motilal Oswal expect HCLTech to deliver 18.2% Ebit margin in FY25, which should recover to 18.9% in FY26 as growth improves.
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