HCLTech Q4 preview 2025: The IT major is expected to post a 5.4 per cent decline in net profit for the fourth quarter sequentially to ₹4,341.8 crore
The downturn in IT stocks can be attributed to fears around recession and as manufacturing hubs in China and Taiwan face new tariffs above 30 per cent
HCLTech on Monday announced the launch of a new dedicated US subsidiary, HCLTech Public Sector Solutions (PSS), to provide services to state and local government entities, educational institutions, as well as federal civilian and defence agencies. The subsidiary falls under the Strategic Segments business led by Arjun Sethi as Chief Growth Officer. Sethi will head PSS as the president. PSS, which will drive AI-led technology transformation for government agencies, underlines the company's sharper focus on the public sector segment. "A sharper focus through a dedicated subsidiary will enable us to deliver our AI and digital transformation expertise across all public sector segments. By combining our comprehensive AI suite, deep subject matter expertise, industry-leading talent and dedicated leadership, we are better positioned to partner with government agencies and enhance the experience for the constituents they serve," C Vijayakumar, CEO & Managing Director of HCLTech, said. PSS
Through the partnership, Western Union will leverage HCLTech's AI-powered solutions, FENIXAI and AI Force, to accelerate its transition to a platform-centric operating model, enabling greater agility
IT stocks such as Infosys, TCS, HCL Technologies, LTIMindtree and others have declined up to 37 per cent from the December highs and look oversold on the daily chart; here are the key levels to track.
Prudential Group Holdings Ltd, UK Subsidiary of Prudential Plc will own 70 per cent stake in the venture while Vama will hold the remaining 30 per cent
Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.
The Nifty IT index hit its lowest level since June 28, 2024, and has declined 17% thus far in the calendar year 2025, as compared to 5% decline in the Nifty 50.
IT stocks were seen trading in oversold zones at current levels; despite this technical charts suggest that Infosys, TCS, HCL Technologies and Tech Mahindra could slip up to 13% from here on.
In a fireside chat at BS Manthan, HCL's co-founder Ajai Chowdhry will share his views on 'Reimagining India's Semiconductor Play'
Technical outlook on Nifty IT, large-cap technology stocks: The IT index along-with Infosys, TCS, HCL Technologies, Tech Mahindra and Wipro look poised for further losses from present levels.
Technical charts show that the large-cap IT stocks can fall up to 14% from present levels, while the Nifty IT index can shed another 6%.
Organic and inorganic growth has made it the largest enterprise software player in the country
Technology major HCLTech, is expanding its global delivery footprint here with the launch of a new tech center that is expected to provide 5,000 additional jobs, officials said. The announcement came after the meeting of Chief Minister A Revanth Reddy and IT Minister D Sridhar Babu with the global CEO and Managing Director of HCLTech, C Vijayakumar, on the inaugural day of the World Economic Forum Annual Meeting here in Davos on Tuesday. The new center in an area of 3,20,000 sqft will be providing cutting-edge cloud, AI and digital transformation solutions to global clients across industries such as hi-tech, life sciences and financial services, an official press release said. "Hyderabad, with its world-class infrastructure and high-quality talent pool, has been a key location on HCLTech's global network. The new center will bring cutting edge capabilities to our global client base and contribute to the local technology ecosystem" Vijaykumar said. He invited the CM and IT Minister
Located in the Hi-Tech City, the 320,000 sq ft facility will house 5,000 people and has received Gold Certification from the Indian Green Building Council
Technical charts show that HCL Technologies, TCS, Infosys and Tech Mahindra shares could fall up to 8% from here on; while, Wipro can potentially rally by another 11%. Check key levels here
Meanwhile, NSE F&O data shows that FIIs were net sellers in Nifty futures for the sixth straight trading session on Tuesday, with net sales of 70,318 contracts in this period.
HCLTech declared a dividend of Rs 18 per share, including a special Rs 6 per share dividend to commemorate 25 years since its public listing, marking its 88th consecutive quarter of dividend payouts
He highlighted shifting demand dynamics, uncertainty, and the evolving role of generative artificial intelligence (GenAI)
Q3 FY25 results January 13: HCL Tech, Delta Corp, Angel One, Anand Rathi among firms to report earnings for the quarter that ended on D