HCL Technologies Ltd News

Infosys, TCS to HCL Tech: AI slowdown calls send Nifty IT pack 5% higher

Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.

Nifty IT tumbles 4% as Coforge, US Fed rate hike fears trigger sell-off

n the IT basket, stocks registered declines in the range of 5-9 per cent. Based on the day's low, Coforge emerged as the biggest loser with an 8.7 per cent fall.

HCLTech launches ₹185 crore advanced semiconductor lab in Bengaluru

The 40,000-square-foot facility will offer post-silicon engineering, advanced testing and failure analysis, supporting HCLTech's semiconductor solutions for global customers

Market rout brings dividend stocks in limelight: Time to switch?

Dividend stocks aren't immune to market-wide sell-offs, but their yields create a natural floor for the stock price. As the price drops, the yield rises, which naturally brings in value investors.

Nifty IT tanks 2%; Infosys, Wipro top losers: What's behind the weakness?

So far this month, the IT index remains unchanged. In July, it recorded its best gain in six months following a 17 per cent rise.

Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why

IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.

IT sector Q1FY27 review: Tier-2 firms lead revenue growth amid soft demand

IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth

Nifty IT index slips nearly 2% for second straight day; here's why

In the past one week, Nifty IT index has corrected 4.8 per cent, compared to 1.2 per cent decline in the Nifty 50.

Big orders mask small deal squeeze at Indian IT services companies

Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects

No evidence of data breach, impact on clients after hacker claim: HCLTech

IT services major says potentially exposed employee data may be limited and several years old; further investigation is underway and material findings will be reported

After TCS, HCLTech say no evidence of systems breach after hacking claims

HCLTech said there was no evidence of breach of the company's systems or engagement with any of the company's clients

Nifty IT index snaps 3-day losing streak, jumps 2% led by TCS, HCL Tech

IT stocks in demand: Tata Consultancy Services (TCS), Tech Mahindra, LTM, HCL Technologies and Mphasis gain 3 per cent each in intra-day deals on Friday.

Tech blitz! Nifty IT logs best monthly gain in 6 years. Is the worst over?

The Nifty IT pack rebounded with an 18.4 per cent rise this month. Before this, Nifty IT's best show was in June 2020 when it rose 22.5 per cent.

Nifty IT slips 4%; Persistent, Mphasis plunge 5%; why are tech stocks down?

Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.

Coforge soars 7%, Nifty IT index jumps 3%; what's driving the rally?

Thus far in the month of July, the Nifty IT index rallied 15 per cent, as compared to 0.6 per cent rise in the Nifty 50.

HCLTech announces first AI data centre in partnership with Sarvam in Odisha

HCLTech said the planned capital outlay for the project will be around ₹14,257 crore, including financial assistance from the Odisha government.

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?

Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.

HCL Tech rallies 24% from July low; hits 3-month high on huge volume

HCL Tech expects demand to remain resilient as the industry transitions from AI disrupted to AI-native services, driven by ongoing modernization imperatives and AI-led transformation.

HCLTech likely to build its first India data centre in Odisha's Bhubaneswar

HCLTech plans a ₹730 crore AI-optimised data centre and Global Development Centre in Bhubaneswar, creating 6,000 high-skilled jobs and boosting digital infrastructure

HCL, ACME lead ₹4,574 cr Odisha investment push; 23 projects approved

The State Level Single Window Clearance Authority approved projects across 11 districts, with HCL Technologies and ACME Cleantech among the biggest investors