New Delhi, Oct. 13 -- IT giant HCL Technologies shares were trading flat in Monday's session ahead of its second-quarter financial results announcement. At 12:12 pm, the IT giant stock fell to Rs.1,482.10.
The IT stock has gained nearly 4 per cent in last five sessions and six months. However, the stock has descended 19.72 per cent in one year.
HCL Technologies is anticipated to post a mixed performance, with moderate sequential revenue growth driven by the BFSI and Hi-Tech segments. Both net profit and operating margins are expected to improve on a quarter-on-quarter (QoQ) basis.
Revenue is projected to rise between 3% and 5% year-on-year (YoY) in constant currency (CC) terms, while EBIT margins are likely to expand despite ongoing Ge...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.