New Delhi, July 15 -- Tech giant HCL (Hindustan Computers Limited) faced a massive decline in shares of up to over 3% in the June quarter results. The IT firm pointed out the decline in profits due to negative market sentiments.
HCL technology is a renowned company that provides a range of extensive services to different sectors, including digital, engineering, cloud, and AI or artificial intelligence solutions.
HCL was lagging behind other major firms, including Tata Steel, UltraTech Cement, Tech Mahindra, and others. TCS or Tata Consultancy Services, another tech major, emerges as the most valued IT stock.
The company's profitability is a matter of major concern for both investors and financial analysts. While the management is confide...