The stock soared after the company announced plans to expand its business in Canada by opening an office in Calgary, Alberta, following the signing of a memorandum of understanding with Invest Alberta
Stocks to Watch Today, November 18, 2025: Tata Power Company, TVS Motor Company, Emcure Pharma, AstraZeneca Pharma, JSW Energy, JSW Cement, and WPIL are among the top stocks to remain in spotlight
HCLTech partners with Nvidia to launch a Santa Clara lab that helps global enterprises build, test and scale physical AI and robotics solutions for next-gen industrial automation
Technical charts suggest that the IT index may gain another 5%, with heavyweights Infosys, TCS and HCL Technologies possibly rallying up to 17%. Wipro and Tech Mahindra, however, may see tepid trends.
In case of lower US tariffs, shares from IT, gems & jewellery, shrimps and textile-related sectors are likely to benefit, believe analysts.
Since September 30, the Nifty IT index has outperformed the market by surging 6.4 pee cent as compared to a 4-per cent rise in the Nifty 50 index
Among individual stocks, Infosys has risen by 4 per cent, while Tata Consultancy Services (TCS) and HCL Technologies have risen by 5.8 per cent and 9.8 per cent, respectively thus far in October
Analysts remain mixed on IT stocks' outlook, with some cautioning that the optimism around the technology pack could be short-lived
HCL Tech shares gained 3 per cent after it partnered with UAE-based DIB to accelerate AI adoption across its ecosystem
HCL now expects to grow between 4 and 5 per cent on a constant currency basis for the full year, up from 3-5 per cent projected in July
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Technically, Persistent Systems seems to be favourably placed among these 3 IT peers, with the stock now seen quoting above its 200-DMA for the first time in nearly three months.
HCL Tech raised the lower end of its guidance and now expects to grow between 4 per cent and 5 per cent on a CC basis for the full year
Stocks to watch today: Oil India, KEC International, JD Cables, and Anant Raj among otherer top stocks to watch today.
The IT firm will integrate quarterly variable pay with fixed pay from October, mainly benefiting junior staff, while attrition falls and fresher hiring gains pace
HCLTech's revenue from operations for the quarter stood at ₹31,942 crore, up 10.7 per cent year-on-year (Y-o-Y) from ₹28,862 crore, and 5.2 per cent quarter-on-quarter (Q-o-Q) from ₹30,349 crore
Q2 FY26 company results: SG Finserve, Lotus Chocolate Company, Gujarat Hotels, and Ind Bank Housing are also to release their July-September quarter earnings reports today
Stocks to watch on October 13, 2025: Stocks like HCL Technologies, Just Dial, Anand Rathi Wealth, and Den Networks will remain in focus as they will release their quarterly earnings today.
BFSI and Hi-tech segments are expected to perform better for HCL Tech, while manufacturing is likely to remain under pressure
However, thus far in the calendar year 2025, the IT index has underperformed the market by falling 20 per cent, as against 4.7 per cent rise in the BSE Sensex