HCL Technologies dips 2% on profit booking post December quarter results

The firm said it expects revenue to grow between 2 per cent to 3 per cent in constant currency terms for Q4FY21

Shares of HCL Technologies dipped 2 per cent to Rs 1,007 on the BSE in early morning trade on Friday, down 5 per cent in the past three trading days, on account of profit booking after the company reported a 26.2 per cent quarter on quarter (QoQ) growth in consolidated net profit at Rs 3,969 crore in December quarter (Q3FY21) earlier today.

The stock of the information technology (IT) consulting and software company hit a record high of Rs 1,073 on Wednesday, January 13, 2021. Despite the past three days' of fall, the stock has outperformed the market in the