Page 18 - Hcl Technologies

HCL Tech Q2 profit rises 18.5% to Rs 3,142 crore, outperforms projections

Dollar revenues stood at $2,507 million, a 4.5 per cent rise in constant currency terms over the previous quarter

HCL Technologies margins to moderate in H2FY21; investors remain cautious

US elections, a seasonally weak Q3, and sharp stock gains are weighing on return expectations

We'll come back to pre-Covid levels in H2 FY21, says HCL Technologies CEO

Since we have done very well in Q2, we have to deliver the incremental growth in Q3 and Q4 on this expanded base, said Vijayakumar

Top headlines: HCL Tech Q2 profit rises, Remdesivir falls flat in WHO study

Business Standard brings you the top headlines of the day

HCL Tech falls 4% on profit booking post September quarter results

The stock has outperformed the market by surging 81 per cent in the past six months, against 31 per cent rise in the S&P BSE Sensex

HCL Tech Q2 net profit up 18.5% at Rs 3,142 cr; revenue rises 6.1%

On a sequential basis, net profit was 7.4% higher from Rs 2,925 crore, while top line was higher by 4.2% from Rs 17,841 crore in June 2020 quarter

Nifty IT slips over 3% on profit booking; HCL Tech, Mindtree down over 5%

Thus far in the financial year 2020-21, the IT index has outperformed the market by surging 74%, as compared to a 38% rise in the Sensex till Wednesday.

HCL Technologies Q2 preview: PAT rise seen between 10.5% - 13.6% YoY

Analysts at IDBI Capital forecast revenue growth of 3.9 per cent QoQ in constant currency.

HCL Tech hits fresh record high ahead of Q2 results; soars 23% in one month

The company expects the revenue and the operating margin for Q2FY21 to be meaningfully better than the top end of the guidance it had provided in July 2020

Cash-rich IT service firms on a shopping spree, eye inorganic expansion

The top four Indian IT firms have cash reserves of nearly $15 billion

Accenture's Q4 orders, outsourcing biz growth fuel optimism for Indian IT

The better-than-expected performance in the outsourcing business has indicated the recovery of revenue growth for Indian IT firms too, and may happen sooner than expected

HCL Technologies to acquire Australia-based firm DWS for $116 million

The transaction is expected to close in December 2020, subject to closing conditions, including regulatory approvals

HCL Technologies to acquire Australia-based firm DWS for $116 million

The transaction is expected to close in December 2020, subject to closing conditions, including regulatory approvals

HCL Tech shares hit a fresh record high as Co to acquire IT firm DWS Ltd

The acquisition is expected to be completed by December 2020.

Happiest Minds' stock doubles in stellar debut, closes 123% above IPO price

This was the best day-one performance for an IPO since IRCTC in October last year, when the shares of the state-owned company gained 127 per cent

HCL Tech enters top-10 most valued firms club; surpasses ITC in m-cap

HCL Tech hit a fresh record high of Rs 817.45 on the BSE on Thursday, rallying 13% in the past four days

Covid-19 impact: WFH turns out cheaper and greener for IT companies

Indirect emissions account for a major chunk of emissions by Indian IT firms

HCL Tech surprises street with strong revenue outlook, robust deal book

Demand to improve as IT spending is expected to increase across sectors

Nifty IT index rallies 3%; TCS, HCL Tech, Mindtree, Coforge hit fresh highs

Persistent Systems, Datamatics Global, Birlasoft, Mphasis, Firstsource Solutions, NIIT, Mastek, Ramco Systems and Quick Heal from the S&P BSE IT index were up between 5% and 11%

HCL Tech rallies 7%, hits record high after mid-quarter business update

The IT major further said the Ebit margin for the current quarter is expected to be between 20.5-21 per cent