HCL Technologies Ltd

(HCLTECH)

HCL Technologies Gains from Succession Planning and Positive Outlook - 23 Nov, 2024

HCL Technologies received SEBI approval for Roshni Nadar's share acquisition, while Morgan Stanley maintains a positive outlook. The stock shows bullish momentum, with recommendations for accumulation.

HCL Technologies Gains from SEBI Exemption and Market Performance - 22 Nov, 2024

HCL Technologies received a SEBI exemption for Roshni Nadar's share acquisitions, leading to a market cap increase of ₹7,430 crore. Morgan Stanley supports HCLTech's resilience against U.S. visa policy changes.

HCL Software Appoints New Country Head for India - 18 Nov, 2024

HCL Software has appointed Vikrant Chowdhary as Senior Vice-President and Country Head for India. He will lead growth initiatives across key sectors, enhancing HCL's regional presence.

HCL Technologies Enhances Growth Outlook and AI Capabilities - 16 Nov, 2024

HCL Technologies has revised its FY25 growth guidance to 3.5%-5% and launched a new AI & Cloud Native Lab with ServiceNow, focusing on enterprise efficiencies.

HCLTech Launches AI Lab in Noida - 15 Nov, 2024

HCLTech, in collaboration with ServiceNow, inaugurated a dedicated AI lab at its Noida campus, enabling customers to explore innovative solutions for industry-specific challenges. The lab aims to enhance efficiencies in enterprise service management through generative and agentic AI.

HCL Technologies Reports Strong Q2 Growth - 14 Nov, 2024

HCL Technologies achieved significant growth in Q2 FY25, with revenues reaching ₹28,862 crore and PAT increasing to ₹4,237 crore. The company also integrated AI Force with GitHub Copilot and appointed a Chief Growth Officer for strategic segments.

HCLTech Appoints New Chief Growth Officer Amid Cybersecurity Concerns - 13 Nov, 2024

HCLTech highlights cybersecurity concerns with 81% of leaders expecting attacks. The company also appoints Arjun Sethi as Chief Growth Officer to enhance growth strategies.

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.