HCL Tech reported a 20.3 per cent increase in net profit for the first quarter to ₹4,624 crore on a year-on-year basis. Revenue for the quarter was up 13.9 per cent to ₹34,579 crore.
Q1FY27 company results: Firms including Nuvoco Vistas Corporation, Bajaj Consumer Care, Khaitan Chemicals & Fertilizers and Plastiblends are also to release their April- June earnings today
IT services major HCLTech on Friday said it has secured a USD 1.14 billion deal from a Europe-headquartered Fortune Global 50 company to transform and manage its digital workplace and enterprise networks. HCLTech did not disclose the name of the firm. Under the partnership, HCLTech will establish an Artificial Intelligence (AI)-driven operating model for the client, according to a regulatory filing. The initial term of the agreement spans five-and-a-half years, from July 2026 to December 2031, with an option to extend the partnership for a further period of five years. "The estimated value of the agreement during the initial term is USD 1.14 billion. This is entirely a net new business for the company," HCLTech said.
Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.
Brokerages see strategic benefits from HCL Tech's investment in Sarvam, though long-term returns will depend on the AI firm's ability to scale and execute effectively
HCLTech's bet on Sarvam AI is aimed at tapping the sovereign AI opportunity in India and globally, says CEO C Vijayakumar
Indian IT stocks have fallen up to 34 per cent in 2026 as AI disrupted outsourcing model. Analysts remain cautious on FY27 outlook. They prefer TCS, Infosys, HCLTech, Coforge
Q4FY26 company results: Firms including Persistent Systems, Tata Investment Corporation, Cyient DLM, and Sunteck Realty are also to release their January-March earnings today
All 10 constituents of the Nifty IT index were trading sharply higher. Mphasis, Wipro, Oracle Financial Services Software, HCL Tech, and TCS rose over 2 per cent each
Indian IT firms derive a major portion of revenue from the US market, making them sensitive to changes in interest rate expectations and inflation trends
IT services firm allows employees at its Chennai centre to work from home as LPG shortages disrupt canteen operations; some peers also see limited food services
With AI concerns continuing to put pressure on Indian IT stocks, analysts at HSBC expect Infosys and HCLTech's FY27 guidance could be the key catalyst for the sector
Ajit Mishra of Religare Broking has recommended buying Axis Bank, HCL Tech, and Tata Steel shares today
Tata Consultancy Services, the IT arm of the Tata Group, has announced an interim dividend as well as a special dividend for its shareholders
Q3FY26 company results: Firms including GTPL Hathway, Gujarat Hotels, Lotus Chocolate Company, and Maharashtra Scooters are also to release their October-December earnings reports today
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
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
Sensex Today| Stock Market Close Highlights today, Oct 14, 2025: In the broader markets, the Nifty MidCap 100 index settled down 0.75 per cent and the Nifty SmallCap 100 index slipped 0.89 per cent
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
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