HCL Technologies Ltd

(HCLTECH)

HCLTech Reports Growth and Leadership Changes - 12 Nov, 2024

HCLTech launched the AI Force extension for GitHub Copilot, reported strong Q2 FY25 revenue growth, and appointed Arjun A. Sethi as Chief Growth Officer.

HCLTech Enhances Development with AI and GitHub - 11 Nov, 2024

HCLTech has integrated its AI Force with GitHub Copilot to streamline software development processes. Additionally, the number of $5 million clients has increased, while $100 million clients remain flat.

HCL Tech Secures Digital Transformation Contract - 07 Nov, 2024

HCL Technologies has been chosen by Tasman District Council in New Zealand to implement Microsoft Dynamics 365 and GenAI, enhancing digital interactions for residents and staff.

HCL Tech Shares Surge on Trump Election Prospects - 06 Nov, 2024

HCL Technologies saw significant stock gains on November 6, 2024, driven by optimism surrounding Donald Trump's potential election win, boosting the IT sector overall.

HCL Tech Secures Approval for Semiconductor Unit - 05 Nov, 2024

HCL Technologies' subsidiary Vama Sundri Investment received approval for a ₹3,706 crore semiconductor manufacturing project in Uttar Pradesh, enhancing India's semiconductor capabilities.

HCL Technologies Reports Profit and Expands AI Labs - 04 Nov, 2024

HCL Technologies reported a 10.5% YoY profit increase in Q2, alongside announcing the opening of a new AI/Cloud Native Lab in Singapore, enhancing its global presence.

HCL Tech Faces Market Downturn Amid IT Index Drop - 31 Oct, 2024

On October 31, 2024, the Nifty IT index experienced a significant decline, with HCL Technologies among the heavyweights falling nearly 4%. Despite this, a report from Motilal Oswal suggests a target price of Rs 2300 per share, indicating a potential 25% upside driven by strong deal wins and future growth prospects in GenAI.

HCLTech Reports Revenue and Cybersecurity Study Findings - 28 Oct, 2024

HCLTech launched its Global Cyber Resilience Study, indicating that 81% of security leaders anticipate cyberattacks. The company also reported $13.7 billion in revenues, with shares increasing by 1.17%.

HCLSoftware Partners with Government for Startups - 26 Oct, 2024

HCLSoftware collaborates with the Indian government to boost the startup manufacturing ecosystem, providing global market access and fostering innovation under the Manufacturing Incubation Initiative.

HCL Technologies Faces Bearish Trends and Breakouts - 25 Oct, 2024

HCL Technologies stock has experienced a downside breakout on weekly and monthly charts, dipping below its 200-WMA for the first time since August 2022. The stock is expected to remain bearish below Rs 1,150, with potential downside risk of 22.3% towards Rs 807. Interim support levels are seen around Rs 970 and Rs 900.

HCLTech Expands Partnership with Transport for NSW - 24 Oct, 2024

HCL Technologies has secured a five-year agreement with Transport for NSW to manage over 260 applications, focusing on digital transformation and service enhancement.

Rising Silver Prices May Impact HCL Technologies - 23 Oct, 2024

HCL Technologies and similar companies in technology and telecommunications may face increased production costs due to rising silver prices, affecting their hardware components indirectly.

HCL Technologies Declares Interim Dividend for 2024-25 - 22 Oct, 2024

HCL Technologies Ltd. declared a ₹12 interim dividend per share, trading ex-dividend today. The company reported strong financial growth, with net profit rising to ₹8,496 crores.

HCL Technologies Declares Dividend Amid Growth Forecast - 21 Oct, 2024

HCL Technologies anticipates 3.5-5% revenue growth for FY25. The company declared a Rs 12 interim dividend, with a record date of October 22, 2024, and reported a 10.5% profit increase in Q3.

HCL Technologies Faces Workforce Decline and Deal Drop - 19 Oct, 2024

HCL Technologies reported a decline in deal wins to $2.22 billion and a workforce reduction of 780 employees. The company also announced an interim dividend of ₹12 per share, effective October 22, 2024.

HCL Technologies Reports Profit Growth and Salary Hikes - 18 Oct, 2024

HCL Technologies announced an 11% increase in net profit for Q2 FY25, alongside a 7% salary hike for employees effective October 2024, with top performers receiving up to 15%. The salary increment is expected to have a minimal impact on operating margins.

HCL Tech Reports Growth Amid Employment Initiatives - 17 Oct, 2024

HCL Technologies reported a 10.5% YoY profit increase in Q2, while also hosting an employment fair and noting a slight reduction in headcount.

HCL Technologies Reports Strong Q2 Earnings and Salary Hikes - 16 Oct, 2024

HCL Technologies reported strong Q2FY25 earnings with a net profit of Rs 4,237 crore, up 11% YoY. The company announced a 7% average salary hike and a focus on specialization in campus hiring for FY26.

HCL Technologies Reports Strong Q2FY25 Results - 15 Oct, 2024

HCL Technologies posted a 10.51% YoY increase in net profit for Q2FY25, raising its revenue growth guidance. Brokerages reacted positively, with mixed ratings and target price increases following the earnings beat.

HCL Technologies Reports Strong Q2 Results and Dividend - 14 Oct, 2024

HCL Technologies reported a strong Q2 with net profit rising 10.5% to ₹4,235 crore and revenue at ₹28,862 crore. The company announced a ₹12 interim dividend and a 7% salary hike for employees. HCLTech raised its FY25 revenue guidance, indicating positive demand recovery expectations.