Shares of IT major HCL Technologies plunged over 3% to Rs 1,568.75 on BSE Tuesday, with investors spooked by a brutal 170 basis points quarter-on-quarter margin compression and management’s decision to slash FY26 margin guidance by 100 basis points to 17-18%. Yet amid the carnage, global brokerage Jefferies stepped up with a contrarian upgrade to…
READ MOREBrokerage firms have differing views on key stocks. Motilal Oswal is positive on HCL Technologies, expecting significant growth. Synopsis Brokerage houses offer varied perspectives on key frontline stocks. Motilal Oswal is bullish on HCL Technologies, anticipating substantial growth, while remaining neutral on Axis Bank due to near-term earnings concerns. ICICI Securities advises caution on Tata…
READ MOREMarkets traded under pressure on Friday and lost over half a percent, dragged down by weak cues. In today’s trade, shares of HCL Tech, Tata Tech, DMart, Siemens, Ola Electric among others will be in focus due to various news developments and first quarter results. Shares of HCL Tech, Tata Tech and Ola will be…
READ MOREShares of HCL Technologies will be in focus on Friday after the IT major announced a partnership with US-based energy supply company Just Energy to enhance the latter’s operations and customer experience. Under the agreement, HCLTech will deliver digital process outsourcing solutions powered by its generative AI platform to streamline functions across IT, finance, analytics,…
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