HCL Technologies Ltd News

Sarvam dominates Indic AI funding in 2026 with 87% share: Tracxn report

Sarvam accounted for $346 million of the $399 million raised by Indic AI startups in 2026, as investors concentrated funding on a few firms amid growing concerns over AI sovereignty

Nifty IT index slips 4%; Infosys, TCS, Coforge tank up to 5%; here's why

Till Tuesday in October 2026, the Nifty IT index outperformed the market and rallied 12%, compared to 0.05% decline in the Nifty 50.

HCL opens 2 development centres to support Rapidus' chip engineering needs

Indian IT services firm HCL Technologies and Rapidus Corporation on Monday inaugurated two HCLTech development centres in India to support the Japanese chipmaker's growing semiconductor engineering needs. The centres, located in Bengaluru and Hubli, will draw on HCLTech's core engineering expertise to offer Rapidus a range of capabilities, including mask design, design infrastructure, process design kit development, design technology co-optimisation and layout design. HCLTech and Rapidus Corporation, a Japanese company developing and manufacturing advanced logic semiconductors, inaugurated two HCLTech development centers in India dedicated to supporting Rapidus' evolving semiconductor engineering requirements, according to a release. HCLTech will also collaborate with Rapidus to build a pipeline of Indian engineering talent to meet Rapidus' evolving talent requirements in Japan. Atsuyoshi Koike, Representative Director and CEO, Rapidus Corporation said: "Through this collaboration

AI at inflection point, future belongs to those who reinvent: HCLTech CEO

As artificial intelligence reshapes the technology industry, HCL Technologies (HCLTech) CEO and Managing Director C Vijayakumar has said the sector has reached another "inflection point" with AI, and that the future belongs not necessarily to the largest, but those willing to keep reinventing themselves. He made the remarks in a LinkedIn post marking ten years since he took charge of the IT services major. Vijayakumar described a decade as a long time in the technology industry, during which industries have been reinvented, business models disrupted, and the boundaries of what is possible have shifted repeatedly. Looking ahead, he tied the company's path directly to the AI moment. "Today as AI reshapes our industry, we are once again at an inflection point," he wrote. He added that his firm belief has been that the future belongs not necessarily to the biggest, but to those willing to continually reinvent themselves. "That conviction has never been stronger," he wrote, adding tha

IT companies add 16,055 employees in H1FY27, but demand remains weak

Hiring gains reflect fresher intake and selective skills requirements, with experts warning that AI-led shifts and subdued demand continue to weigh on jobs

BFSI demand, AI revenue help Indian IT firms weather Q2 growth slowdown

BFSI demand and rising AI revenue helped Indian IT firms withstand weak growth in Q2FY27, with Tech Mahindra standing out, although analysts caution that a broader recovery remains elusive

Nifty IT index hits 8-month high; LTTS zooms 15% on Wednesday; here's why

Thus far in October, the Nifty IT index has rallied 16% as TCS, Tech Mahindra, Wipro, Infosys and Mphasis surged in the range of 18-23% amid Q2 earnings cheer.

Groww, Nazara, HCL Tech: Choice Broking is bullish on 3 stocks; here's why

Stocks to buy today: Sachin Gupta, VP - research , Choice Equity Broking, recommends three stocks to buy today, namely Groww, HCL Tech and Nazara Technologies.

Zensar, HCL Technologies rebounded from 100-month EMA support, says analyst

Virat Jagad, technical research analyst at Bonanza, flags that HCL Technologies and Zensar Technologies witnessed buying interest at their respective 100-month exponential moving averages on the chart

Nifty IT soars 14% in 6 days on Q2 earnings boost; TechM, Wipro, TCS shine

At 10:12 AM on Friday, the Nifty IT index was the top sectoral gainer, up 2.8%. Tech Mahindra, Wipro, Infosys and TCS surged up to 7% amid Q2 earnings cheer.

Indian software stocks set to outperform AI peers by most margin in decades

India's top software exporters have surged over 10% this week as global chip stocks fall 7.4%, with analysts pointing to AI valuation concerns and signs of improving revenue growth in the IT sector

Nifty IT rallies 9% in 3 sessions: 3 key factors driving the momentum

Market experts attribute the rally to a combination of earnings resilience, value buying after a prolonged correction, and a possible rotation of funds away from AI-linked technology stocks.

HCLTech's next test: Sustaining margins, deal momentum amid rich valuations

Healthy new deal wins and traction in its artificial intelligence (AI) business also lifted investor sentiment. The stock was the top gainer in both the Nifty 50 and the Sensex, closing at ₹1,321

Stocks to watch: HCLTech, RBL Bank, IRCON, TMPV, Hero Motors, Nazara Tech

Tata Elxsi, Hero Motors, Anand Rathi Share and Stock Brokers, Den Networks, GTPL Hathway, PNB Gilts, ICICI Prudential Life Insurance will announce their quarterly earnings on October 13.

Nifty IT shines, up 3%; HCL Tech, TCS, LTM, Tech Mahindra surge up to 5%

In the past four trading days, Nifty IT index outperformed the market by gaining 5.6% as against a 1.2% rise in the Nifty 50.

HCL Tech shares gain over 5% after Q2 results; brokerages remain mixed

HCLTech reported a 21.2 per cent rise in net profit at ₹5,132 crore in the second quarter of financial year 2027, up from ₹4,235 crore in the corresponding quarter last year.

HCLTech Q2 net profit rises 21.2% to ₹5,132 cr, revenue climbs 11.5%

The company's performance beat analysts' estimates. Bloomberg analysts had estimated revenue at Rs 35,601 crore and net profit at Rs 4,856 crore

HCLTech signs pact with Anthropic to set up dedicated AI business unit

HCLTech will set up a dedicated business unit and centre to develop AI solutions using Anthropic's Claude models and support their enterprise adoption

Stocks to watch: HCLTech, DMart, M&M, Adani Green, KEC Int'l, ICICI Pru

Stocks to watch today: HCL Technologies, ICICI Pru, RBL Bank, Plastiblends India are among the companies slated to post their Q2 results today.

Q2 results today: HCLTech, ICICI Pru among 18 firms to report earnings

Q2FY27 results today: HCLTech, ICICI Prudential Asset Management Company, RBL Bank, Swaraj Engines, Adroit Industries, Umiya Buildcon will announce earnings