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HCL Tech surges 6% on 1:1 bonus, healthy Q2 numbers
On a sequential basis, HCL Tech's revenue for the quarter ended September 30, rose 6.7 per cent while net income rose 19.4 per cent to Rs 2,651 crore.
HCL Tech Q2 net income rises 4.4% to Rs 2,651 crore, EBIT up 17.9%
On Wednesday, the Noida-based firm reported a 20.5 per cent rise in annual revenue in constant currency to Rs 17,528 crore
HCL Tech Q2 net profit up 6.9% to Rs 2,711 cr, announces bonus shares
Its revenue from operations grew 18 per cent to Rs 17,527 crore in the quarter under review, from Rs 14,860 crore in the year-ago period
HCL Tech Q2: Organic growth may take a hit; margins likely to improve
On a year-to-date (YTD) basis, the company's stock has surged 9 per cent against the S&P BSE Sensex's 0.16 per cent decline.
Unlike peers, HCL Technologies sure-footed
Firm maintained revenue guidance; analysts expect top line to be driven by organic and acquisition-led initiatives
HCL Tech Q2 net up 8.6% to Rs 2,188 cr, retains higher guidance
Needs improvement on organic growth: Analysts
