Hcl Tech

Brokerages bullish on HCL Tech post Q2FY25 outperformance, raise EPS target

Shares of HCL Tech hit their lifetime high at Rs 1,882, rising by 1.40 per cent on the BSE in Tuesday's intraday deals after the company delivered solid performance in its quarter two results

Stocks To Watch: Wipro, HAL, Dmart, Ola Electric, GIC Re, Oberoi Realty

Stock Market Today: Adani Enterprises has successfully raised $500 million through a share sale, marking its return to the equity markets after a previous cancellation.

HCL Tech Q2 Preview: Brokerages expect flat revenue, decline in TCV

The Indian IT major is expected to register a single digit rise in its topline and bottomline compared to the September quarter of FY24

HCL Tech market-cap tops Rs 5 trn for 1st time; stock up 50% from June low

HCL Tech's market cap first time today touched Rs 5.02 trillion after stock hit a new high of Rs 1,852, gaining 2% on the BSE in Friday's intra-day trade.

HCLTech worker dies in Nagpur; firm claims giving emergency care at clinic

An employee of HCLTech died after suffering a cardiac arrest in the firm's office in Nagpur city, with the IT major sharing that he was provided emergency care at the campus clinic before being rushed to the hospital. According to the police, Nitin Edwin Michael (40), who worked as a senior analyst, was found unresponsive after he entered the washroom of the office of HCL Technologies Ltd. in the city's Mihan area around 7 pm on Friday. His colleagues rushed him to the All India Institute of Medical Sciences (AIIMS) in Nagpur where doctors pronounced him dead upon arrival, said the official from Sonegaon police station on Sunday. Police sent the body for post-mortem and registered a case of accidental death. Initial autopsy findings indicated Michael died of cardiac arrest, the official said, adding that they are probing the circumstances surrounding his death. Michael is survived by his wife and a six-year-old son, according to police. Calling Michael's death an unfortunate inci

Nuvama raises HCLTech target price to Rs 2,020; says Gen AI to drive growth

The company's management anticipates double-digit growth for the industry over the next five years, including for HCLTech.

Brokerages raise target price for HCLTech after solid Q1 performance

Shares of HCL Tech zoomed 4.83 per cent at Rs 1635.85 per share on the BSE in Monday's early morning trade. This came after the IT services major reported a 20.4 per cent year on year increase profits

HCLTech Q1FY25 results: Net profit rises 20.4% to Rs 4,257 crore

HCLTech maintained revenue guidance for FY25 at 3-5%

HCL Tech Q1 Preview: Weak deals, client spending to dent profits by 5-7%

According to analysts, HCL Tech is likely to report a revenue increase of 6-7 per cent year-on-year (Y-o-Y) between Rs 27,900 crore to Rs 28,034 crore

Tech Mahindra adopts Microsoft Co-pilot GenAI tool to 'modernise workplace'

IT company will also deploy GitHub Copilot for 5,000 developers, expecting a 35-40 per cent boost in productivity

TCS, HCL earnings recovery may get further push from growth in AI demand

TCS results this week should show revenue growth picked up sequentially in the April-June quarter, consensus estimates show

HCLTech, IBM join hands for GenAI centre to provide tailored AI solutions

IT services company HCL Technologies and tech giant IBM on Tuesday announced a new collaboration to establish a Generative AI Centre of Excellence. Alongwith IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM's AI technologies, specifically 'watsonx'. IBM's watsonx is an Artificial Intelligence (AI) and data platform built for business. According to a release, the centre will be available through HCLTech's AI and cloud native labs in Noida, London and New Jersey and Santa Clara in the US. It will help enterprises modernise legacy applications, develop IT service management use cases, reduce coding complexity, improve skill development on the watsonx platform and enable continuous innovation. "This expansion of our work with IBM will facilitate rapid exploration of AI's potential as we create highly differentiated HCLTech offerings using the latest IBM technology. We plan to embed watsonx in HCLTech AI Force with GenAI-powered solutions to support code ...

HCLTech launches Enterprise AI Foundry to streamline, scale enterprise AI

The company says that the solutions will effectively enable business leaders to focus on real-world outcomes and help development teams to build next-gen AI-powered applications with ease

Brokerages bullish on HCLTech despite weak FY25 guidance; stock falls 6%

At 10:00 AM, the stock was the top loser on 30-share Sensex. By comparison, S&P BSE Sensex was up 0.37 per cent at 74,002.66 levels

HCLTech Q4 preview: Here's what brokerages expect from IT major

Key factors, analysts believe, would be deal pipeline, pricing scenario, and outlook on growth, operating margins and products and platforms (P&P) business

IT shares sink as Accenture cuts guidance; TCS, Infosys and HCLTech fall

FY25 outlook muted for the sector, say analysts

HCL Technologies to outshine IT peers in Q3 results: Elara Securities

Q3 IT preview: Elara Securities said that added that other large firms may witness a revenue dip of 1-1.3 per cent QoQ CC given weak seasonality

HCLTech hit by ransomware attack, IT major says investigation underway

This comes days after HCL Tech crossed the market capitalisation of Rs 4 trillion on the Indian stock exchanges

Adani group, banks, RIL help Sensex end above 69,000, Nifty 20,850

Closing Bell on December 5, 2023: The S&P BSE Sensex crossed the 69,000-mark decisively and hit a record high of 69,381 during the day

Stocks to Watch today, Dec 5: Honasa, M&M Fin, HCL Tech, Gulshan Polyols

Stocks to Watch on Tuesday, December 5, 2023: Reports suggest Fireside Ventures Investment Fund may divest 1.9 per cent stake in the parent company of Mamaearth via block deals for Rs 230 crore