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Tuesday, December 24, 2024 | 10:31 AM ISTEN Hindi

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HCL Tech gains over 2% post Q1 result; Shiv Nadar steps down as Chairman

The company has also declared an interim dividend of Rs 2 for the financial year 2020-21

HCl Tech Q2 net income rises 4.4% to Rs 2,651 crore, EBIT up 17.9%
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HCL Tech expects operating margin to be between 19.5 per cent and 20.5 per cent for FY21.

SI Reporter New Delhi
Shares of HCL Technologies gained over 2 per cent to Rs 642 on the BSE on Friday after the IT major released its financial results for the first quarter of the fiscal year 2020-21 (Q1FY21). 

At 09:40 am, the stock was trading nearly 0.6 per cent higher at Rs 631 on the BSE. In comparison, the S&P BSE Information Technology index was quoting nearly 1 per cent lower at 17,035.99 levels while the benchmark S&P BSE Sensex was up over 0.5 per cent at 36,679 levels.   

According to TV reports, HCL Technologies on Friday reported a 31.7 per cent year-on-year (YoY)

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