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HCL Tech Share Price: Kotak Institutional Equities downgraded HCL Technologies to "reduce," citing full valuations and growth headwinds, while noting potential recovery in FY2026.
The Economic Times

The Economic Times

Kotak Equities downgrades HCL Tech to reduce, says shares are fully valued

HCL Tech Share Price: Kotak Institutional Equities downgraded HCL Technologies to "reduce," citing full valuations and growth headwinds, while noting potential recovery in FY2026.

Thu, Sep 19, 2024

HCL Technologies shares are among the best Nifty IT performers this year. That also makes it fully valued, according to analysts at Kotak Institutional Equities who have cut the rating to 'reduce'.
CNBC TV18

CNBC TV18

HCL Tech shares are too hot to hold, says this analyst

HCL Technologies shares are among the best Nifty IT performers this year. That also makes it fully valued, according to analysts at Kotak Institutional Equities who have cut the rating to 'reduce'.

Thu, Sep 19, 2024

Top Gainers and Losers Today : The Sensex lost 131.43 points, or -0.16, to settle at 83079.66, while the Nifty lost 41.0 points, or -0.16, to close at 25418.55.
Mint

Mint

Top Gainers and Losers today on 18 September, 2024: Shriram Finance, Bajaj Finance, Tata Consultancy Services, HCL Technologies among most active stocks; Check full list here

Top Gainers and Losers Today : The Sensex lost 131.43 points, or -0.16, to settle at 83079.66, while the Nifty lost 41.0 points, or -0.16, to close at 25418.55.

Wed, Sep 18, 2024

Indian IT firm HCLTech has been named the no.1 India-headquartered company in TIME magazine's World's Best Companies 2024 list.
The Noida-headquartered firm has also secured a place in the global top 10 list within the Professional Services category.
"This accolade underscores HCLTech's commitment to excellence and innovation. It reinforces our leadership in the industry and our status as a top employer.
"Aligned with our purpose of 'Supercharging Progress' and 'Find Your Spark' employee value proposition, we are dedicated to maximizing employee potential, advancing community and social responsibility initiatives and achieving sustainability goals," said Rahul Singh, Chief Operating Officer of Corporate Functions, HCLTech.
The World's Best Companies 2024 ranking identifies top-performing companies across the globe on the parameters of employee satisfaction, revenue growth, and sustainability.
HCLTech posted a consolidated net profit of Rs 4,257 crore in the June quarter of FY25, u
Business Standard

Business Standard

HCLTech tops TIME's World's Best Companies 2024 list among Indian firms

Indian IT firm HCLTech has been named the no.1 India-headquartered company in TIME magazine's World's Best Companies 2024 list. The Noida-headquartered firm has also secured a place in the global top 10 list within the Professional Services category. "This accolade underscores HCLTech's commitment to excellence and innovation. It reinforces our leadership in the industry and our status as a top employer. "Aligned with our purpose of 'Supercharging Progress' and 'Find Your Spark' employee value proposition, we are dedicated to maximizing employee potential, advancing community and social responsibility initiatives and achieving sustainability goals," said Rahul Singh, Chief Operating Officer of Corporate Functions, HCLTech. The World's Best Companies 2024 ranking identifies top-performing companies across the globe on the parameters of employee satisfaction, revenue growth, and sustainability. HCLTech posted a consolidated net profit of Rs 4,257 crore in the June quarter of FY25, u

Mon, Sep 16, 2024

The technology sector is set for a strong recovery, driven by increased investments and new technologies like Generative AI. Key sectors such as BFSI, healthcare, and manufacturing are expected to lead this growth. Service vendors and Global Capability Centers will play crucial roles in this expansion, with companies like HCL Technologies and Coforge positioned for significant gains.
The Economic Times

The Economic Times

Technology sector poised for recovery; Coforge, HCL Tech could give 17-20% return in 1 year

The technology sector is set for a strong recovery, driven by increased investments and new technologies like Generative AI. Key sectors such as BFSI, healthcare, and manufacturing are expected to lead this growth. Service vendors and Global Capability Centers will play crucial roles in this expansion, with companies like HCL Technologies and Coforge positioned for significant gains.

Sat, Sep 14, 2024

5 stocks, including MphasiS, Coforge, Persistent Systems, HCL Technologies, and LTIMindtree, have reached new 52-week highs during the session. This rally has pushed the Nifty IT index to a 22.31% year-to-date gain, surpassing the Nifty 50's increase of 16%.
Mint

Mint

Nifty IT touches fresh all-time high, 5 stocks including MphasiS, Coforge reach new 52-week highs

5 stocks, including MphasiS, Coforge, Persistent Systems, HCL Technologies, and LTIMindtree, have reached new 52-week highs during the session. This rally has pushed the Nifty IT index to a 22.31% year-to-date gain, surpassing the Nifty 50's increase of 16%.

Fri, Sep 13, 2024

This is the second acquisition that the company made in the first half of the current fiscal. Three months ago in May, the IT major announced its plans to acquire certain assets of Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million (approximately Rs1,874 crore).
The Economic Times

The Economic Times

HCLTech completes acquisition of Paris based software firm Zeenea

This is the second acquisition that the company made in the first half of the current fiscal. Three months ago in May, the IT major announced its plans to acquire certain assets of Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million (approximately Rs1,874 crore).

Fri, Sep 13, 2024

Motilal Oswal Financial Services anticipates a recovery in the IT sector, citing a rebound after a phase of discretionary spending cuts, with HCL Technologies, LTI Mindtree, and Persistent Systems as top picks, and an upgraded ‘Buy’ rating for Coforge. The firm believes the sector is poised for sustained growth over the next 2-4 years.
The Economic Times

The Economic Times

Put IT stocks on your radar as cos seen on cusp of a recovery: Motilal Oswal

Motilal Oswal Financial Services anticipates a recovery in the IT sector, citing a rebound after a phase of discretionary spending cuts, with HCL Technologies, LTI Mindtree, and Persistent Systems as top picks, and an upgraded ‘Buy’ rating for Coforge. The firm believes the sector is poised for sustained growth over the next 2-4 years.

Wed, Sep 11, 2024

HCLTech on Tuesday said it will showcase its generative AI-based chatbot, along with its other engineering and AI solutions at the SEMICON India event.
The three-day conference will commence on September 11, and will be inaugurated by Prime Minister Narendra Modi.
"HCLTech suite of solutions on showcase will include conversational AI, HCLTech AI Force -- a generative AI solution that accelerates software development lifecycle, Digital Twins for Wafer Handler and Rack System, Spec to Parts and Spec to Platform and HCLTech Proto ATMP lab demos," HCLTech said in a statement.
The IT company will showcase enterprise, digital and engineering innovations, specifically designed for the semiconductor ecosystem, it said.
"We look forward to our participation in SEMICON India--especially at a time when India is poised to become a leading player in the semiconductor space. We're happy to contribute our skills, knowledge and engineering prowess gained over four decades.
"Our collaborations wit
Business Standard

Business Standard

HCLTech to show GenAI-based chatbot, other solutions at SEMICON India 2024

HCLTech on Tuesday said it will showcase its generative AI-based chatbot, along with its other engineering and AI solutions at the SEMICON India event. The three-day conference will commence on September 11, and will be inaugurated by Prime Minister Narendra Modi. "HCLTech suite of solutions on showcase will include conversational AI, HCLTech AI Force -- a generative AI solution that accelerates software development lifecycle, Digital Twins for Wafer Handler and Rack System, Spec to Parts and Spec to Platform and HCLTech Proto ATMP lab demos," HCLTech said in a statement. The IT company will showcase enterprise, digital and engineering innovations, specifically designed for the semiconductor ecosystem, it said. "We look forward to our participation in SEMICON India--especially at a time when India is poised to become a leading player in the semiconductor space. We're happy to contribute our skills, knowledge and engineering prowess gained over four decades. "Our collaborations wit

Tue, Sep 10, 2024

A report by MOSL indicates the IT services sector may recover soon, with HCL Technologies, LTIMindtree, and Persistent Systems leading. Key recovery factors include U.S. interest rates and work division, with healthcare, manufacturing, and BFSI expected to drive growth as spending resurges.
Mint

Mint

IT Services sector poised for recovery: MOSL report highlights key drivers and top stock picks

A report by MOSL indicates the IT services sector may recover soon, with HCL Technologies, LTIMindtree, and Persistent Systems leading. Key recovery factors include U.S. interest rates and work division, with healthcare, manufacturing, and BFSI expected to drive growth as spending resurges.

Tue, Sep 10, 2024

On Friday, market tech analysts Mitessh Thakkar, Shrikant Chouhan, and F&O analyst Soni Patnaik recommended these stocks for the short term.
CNBC TV18

CNBC TV18

Analysts see 12% upside in HCLTech, recommend buying Indian Hotels, Grasim, Coforge, and NTPC

On Friday, market tech analysts Mitessh Thakkar, Shrikant Chouhan, and F&O analyst Soni Patnaik recommended these stocks for the short term.

Fri, Sep 6, 2024

Following shares hit their 52 week high today - Mahindra & Mahindra Financial, ITC, SBI Life Insurance Company, Sun Pharmaceutical Industries, HCL Technologies
Mint

Mint

Mahindra & Mahindra Financial, ITC & others hit 52 week high today ; Do you own any?

Following shares hit their 52 week high today - Mahindra & Mahindra Financial, ITC, SBI Life Insurance Company, Sun Pharmaceutical Industries, HCL Technologies

Tue, Sep 3, 2024

Investors showed interest in banks, IT, utilities, and FMCG sectors, while healthcare, capital goods, metal, and telecom stocks faced selling pressure.
The Economic Times

The Economic Times

Technical Breakout Stocks: How to trade ITC, HCL Technologies and HPCL on Tuesday

Investors showed interest in banks, IT, utilities, and FMCG sectors, while healthcare, capital goods, metal, and telecom stocks faced selling pressure.

Mon, Sep 2, 2024

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex opened today's trade session hgiher.
CNBC TV18

CNBC TV18

Sensex Today | Stock Market LIVE Updates: Nifty holds 25,300, Bajaj Finserv, HCLTech top gainers

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex opened today's trade session hgiher.

Mon, Sep 2, 2024

In a pleasant surprise for the industry, two of the top four Indian IT companies, HCLTech and Wipro, are ramping up discretionary spends in the banking, financial services, and insurance (BFSI) segment. Experts, anticipating a rate cut in September, are hoping the revival of discretionary spending will be widespread in the next two quarters.
The Economic Times

The Economic Times

HCLTech, Wipro see discretionary spends uptick in BFSI sector

In a pleasant surprise for the industry, two of the top four Indian IT companies, HCLTech and Wipro, are ramping up discretionary spends in the banking, financial services, and insurance (BFSI) segment. Experts, anticipating a rate cut in September, are hoping the revival of discretionary spending will be widespread in the next two quarters.

Mon, Sep 2, 2024

HCLTech’s C. Vijayakumar and Infosys’s Salil Parekh have maintained long tenures, contrasting with recent CEO changes at TCS, Wipro, and Tech Mahindra. They have driven significant growth, stability, and shareholder value, although both face challenges with declining profitability.
Mint

Mint

Why Infosys and HCLTech have the longest running CEOs

HCLTech’s C. Vijayakumar and Infosys’s Salil Parekh have maintained long tenures, contrasting with recent CEO changes at TCS, Wipro, and Tech Mahindra. They have driven significant growth, stability, and shareholder value, although both face challenges with declining profitability.

Sun, Sep 1, 2024

in today’s session, seven Nifty50 stocks reached new 52-week highs. Here’s the list.
The Economic Times

The Economic Times

HCL Technologies, Bharti Airtel among 7 Nifty50 stocks hitting new 52-week highs on Friday

in today’s session, seven Nifty50 stocks reached new 52-week highs. Here’s the list.

Fri, Aug 30, 2024

Following shares hit their 52 week high today - Torrent Pharmaceuticals, Divis Laboratories, Abbott India, HCL Technologies, Bajaj Auto
Mint

Mint

Torrent Pharmaceuticals, Divis Laboratories & others hit 52 week high today ; Do you own any?

Following shares hit their 52 week high today - Torrent Pharmaceuticals, Divis Laboratories, Abbott India, HCL Technologies, Bajaj Auto

Fri, Aug 30, 2024

On Friday, market tech analysts Mitessh Thakkar, Avani Bhatt, and F&O analyst Chandan Taparia recommended these stocks for the short term.
CNBC TV18

CNBC TV18

Top stock picks | AU SFB, Coforge, IOC, RIL, ONGC, Coal India, HCLTech, HPCL on the radar

On Friday, market tech analysts Mitessh Thakkar, Avani Bhatt, and F&O analyst Chandan Taparia recommended these stocks for the short term.

Fri, Aug 30, 2024

Morgan Stanley retains ‘Overweight’ rating; Jefferies confirms ‘Hold’ rating
Business Line

Business Line

HCLTech shares rise on positive analyst outlook

Morgan Stanley retains ‘Overweight’ rating; Jefferies confirms ‘Hold’ rating

Thu, Aug 29, 2024

Software services providers HCLTech, Cognizant, Tech Mahindra Ltd, Infosys Ltd, and Wipro are reviewing their bench policy amid slowing client demand.
Mint

Mint

IT firms let go of employees on bench for over two months to cut costs

Software services providers HCLTech, Cognizant, Tech Mahindra Ltd, Infosys Ltd, and Wipro are reviewing their bench policy amid slowing client demand.

Wed, Aug 28, 2024

HCLTech to support Xerox’s digital reinvention for long-term growth and efficiency
Business Line

Business Line

HCLTech stocks surge post Xerox AI deal

HCLTech to support Xerox’s digital reinvention for long-term growth and efficiency

Tue, Aug 27, 2024

Marketbuzz Podcast: The market is likely to start the day lower following mixed global cues, with stocks like Paytm, HCLTech, GPT Infra and Lemon Tree in focus. Tune in to the podcast for more
CNBC TV18

CNBC TV18

Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 to start lower, IT stocks, Paytm in focus

Marketbuzz Podcast: The market is likely to start the day lower following mixed global cues, with stocks like Paytm, HCLTech, GPT Infra and Lemon Tree in focus. Tune in to the podcast for more

Tue, Aug 27, 2024

HCLTech will assist Xerox with its 'reinvention,' which is the fundamental and structural redesign of the company. Shares of HCL Technologies Ltd ended at ₹1,720.90, up by ₹57.70, or 3.47%, on the BSE.
CNBC TV18

CNBC TV18

HCLTech extends agreement with Xerox to drive innovation with AI and digital engineering

HCLTech will assist Xerox with its 'reinvention,' which is the fundamental and structural redesign of the company. Shares of HCL Technologies Ltd ended at ₹1,720.90, up by ₹57.70, or 3.47%, on the BSE.

Mon, Aug 26, 2024

Xerox and HCLTech started their partnership in 2009 with a focus on product engineering and IT and process support services
Business Standard

Business Standard

HCLTech extends partnership with Xerox in AI and digital engineering

Xerox and HCLTech started their partnership in 2009 with a focus on product engineering and IT and process support services

Mon, Aug 26, 2024

HCLTech said in a filing with BSE that it will leverage automation, product and sustenance engineering and process operations services, along with its advanced full-stack GenAI platform, HCLTech AI Force.
The Economic Times

The Economic Times

HCLTech extends 15-year-old partnership with Xerox

HCLTech said in a filing with BSE that it will leverage automation, product and sustenance engineering and process operations services, along with its advanced full-stack GenAI platform, HCLTech AI Force.

Mon, Aug 26, 2024

Top Gainers and Losers Today : The Sensex gained 611.9 points, or 0.75, to settle at 81086.21, while the Nifty gained 187.45 points, or 0.76, to close at 24823.15.
Mint

Mint

Top Gainers and Losers today on 26 August, 2024: Hindalco Industries, HCL Technologies, Apollo Hospitals Enterprise, Hero Motocorp among most active stocks; Check full list here

Top Gainers and Losers Today : The Sensex gained 611.9 points, or 0.75, to settle at 81086.21, while the Nifty gained 187.45 points, or 0.76, to close at 24823.15.

Mon, Aug 26, 2024

Indian IT stocks have continued their bullish momentum in today's session, leading the Nifty IT index to rise by 1.8%. All 10 index constituents are currently trading in positive territory, with HCL Technologies, Persistent Systems, and Tech Mahindra hitting new 52-week highs.
Mint

Mint

Nifty IT index rises over 1.7% on US Fed rate cut signal, 3 stocks including Tech Mahindra touch new 52-week highs

Indian IT stocks have continued their bullish momentum in today's session, leading the Nifty IT index to rise by 1.8%. All 10 index constituents are currently trading in positive territory, with HCL Technologies, Persistent Systems, and Tech Mahindra hitting new 52-week highs.

Mon, Aug 26, 2024

Top Gainers and Losers Today : The Sensex gained 149.85 points, or 0.19, to settle at 78956.03, while the Nifty gained 4.75 points, or 0.02, to close at 24139.0.
Mint

Mint

Top Gainers and Losers today on 14 August, 2024: Tata Consultancy Services, HCL Technologies, Divis Laboratories, Hero Motocorp among most active stocks; Check full list here

Top Gainers and Losers Today : The Sensex gained 149.85 points, or 0.19, to settle at 78956.03, while the Nifty gained 4.75 points, or 0.02, to close at 24139.0.

Wed, Aug 14, 2024

‘It was only necessary to buy good stocks regardless of price and then to let nature take her upward course - the results of such a doctrine could not fail to be tragic’ - Benjamin Graham
Business Line

Business Line

TCS, Infosys, Wipro, HCLTech: IT stocks rally can get derailed by simple math

‘It was only necessary to buy good stocks regardless of price and then to let nature take her upward course - the results of such a doctrine could not fail to be tragic’ - Benjamin Graham

Sat, Jul 20, 2024

HCL Technologies / HCLTech Stock/ Share Price Updates for July 15, 2024: HCLTech stock surges over 3%; records 20% y-o-y jump in Q1 net profit
Business Line

Business Line

HCL Technologies Share Price Updates for July 15, 2024: HCL Technologies stock surges over 3% after Q1 results

HCL Technologies / HCLTech Stock/ Share Price Updates for July 15, 2024: HCLTech stock surges over 3%; records 20% y-o-y jump in Q1 net profit

Mon, Jul 15, 2024

HCLTech maintained revenue guidance for FY25 at 3-5%
Business Standard

Business Standard

HCLTech Q1FY25 results: Net profit rises 20.4% to Rs 4,257 crore

HCLTech maintained revenue guidance for FY25 at 3-5%

Fri, Jul 12, 2024

The company added, "Gurmeet Chahal comes with over 25 years of experience in digital transformation globally, across industries including 
healthcare, financial services, hi-tech and manufacturing. He joins us from Genpact where he led the Digital Transformation Services globally. Prior to that, he incubated, scaled and led large technology transformation businesses at HCL Technologies and DXC. Quess GTS will leverage Gurmeet's extensive knowledge in AI, technology services, 
business process management and digital transformation -skills that have consistently helped clients achieve their strategic goals and enhance customer satisfaction."
Business Standard

Business Standard

Quess Corp appoints Gurmeet Chahal as CEO of Quess Global Technology Solution

The company added, "Gurmeet Chahal comes with over 25 years of experience in digital transformation globally, across industries including healthcare, financial services, hi-tech and manufacturing. He joins us from Genpact where he led the Digital Transformation Services globally. Prior to that, he incubated, scaled and led large technology transformation businesses at HCL Technologies and DXC. Quess GTS will leverage Gurmeet's extensive knowledge in AI, technology services, business process management and digital transformation -skills that have consistently helped clients achieve their strategic goals and enhance customer satisfaction."

Tue, Jul 9, 2024

Top Gainers and Losers Today : The Sensex gained 62.87 points, or 0.08, to settle at 79986.8, while the Nifty gained 15.65 points, or 0.06, to close at 24286.5.
Mint

Mint

Top Gainers and Losers today on 4 July, 2024: HCL Technologies, ICICI Bank, HDFC Bank, Bajaj Finance among most active stocks; Check full list here

Top Gainers and Losers Today : The Sensex gained 62.87 points, or 0.08, to settle at 79986.8, while the Nifty gained 15.65 points, or 0.06, to close at 24286.5.

Thu, Jul 4, 2024

This first centre of the company in Bihar will focus on the delivery of IT and engineering services for hi-tech and semiconductor companies.
The Economic Times

The Economic Times

HCLTech launches global delivery centre in Patna

This first centre of the company in Bihar will focus on the delivery of IT and engineering services for hi-tech and semiconductor companies.

Wed, Jul 3, 2024

The CoE will be available through HCLTech’s AI and Cloud Native Labs in Noida, London, New Jersey, and Santa Clara in the US
Business Line

Business Line

HCLTech plans to train 10,000 employees on IBM’s watsonx AI and data platform

The CoE will be available through HCLTech’s AI and Cloud Native Labs in Noida, London, New Jersey, and Santa Clara in the US

Tue, Jul 2, 2024

​​ICICI Prudential Mutual Fund was the single largest buyer at 1,001 crore, followed by Morgan Stanley Asia Singapore PTE and Citigroup Global Markets Mauritius fund. Shares of HCL Technologies closed 0.42% up on NSE at 1,461 Friday.
The Economic Times

The Economic Times

Fidelity funds sell Rs 1,788-cr HCL Tech shares

​​ICICI Prudential Mutual Fund was the single largest buyer at 1,001 crore, followed by Morgan Stanley Asia Singapore PTE and Citigroup Global Markets Mauritius fund. Shares of HCL Technologies closed 0.42% up on NSE at 1,461 Friday.

Sat, Jun 29, 2024

Long before HCL Technologies, now HCLTech, emerged as one of the biggest exporters of IT services from India, its founder Shiv Nadar had plans to take on giants such as IBM and Hewlett Packard by selling India-made minicomputers in the US.
Mint

Mint

Long before India's IT services boom, HCL’s Shiv Nadar had a daring dream of selling minicomputers in the US

Long before HCL Technologies, now HCLTech, emerged as one of the biggest exporters of IT services from India, its founder Shiv Nadar had plans to take on giants such as IBM and Hewlett Packard by selling India-made minicomputers in the US.

Sat, Jun 29, 2024

As per the data available with the NSE, Fidelity Investment sold a total of 12,414,228 shares or 0.46 per cent stake in HCL Technologies
Business Standard

Business Standard

Fidelity Investments sells HCL Technologies shares for Rs 1,788 crore

As per the data available with the NSE, Fidelity Investment sold a total of 12,414,228 shares or 0.46 per cent stake in HCL Technologies

Fri, Jun 28, 2024