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The Economic Times
The Economic Times
Business
Veer Sharma

HCL Tech shares rally over 4% after Q2 results. What are CLSA, JPMorgan, others saying?

HCL Tech CLSA JPMorgan HCL Technologies Artificial Intelligence Nomura Nuvama

Shares of IT services major HCL Tech rallied over 4% to their day’s high of Rs 1,275 on the BSE on Tuesday after reporting 21% year-on-year (YoY) growth in consolidated net profit at Rs 5,132 crore for the second quarter of FY27.

The company retained its FY27 EBIT margin guidance at 17.5-18.5%. It guided for constant-currency revenue growth of 2.5-4% for the company and 3-4% for services.

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