India's HCLTech misses Q3 revenue estimate, tightens forecast
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) -India's HCLTech narrowed its full-year revenue growth forecast on Monday and reported a smaller-than-expected December quarter revenue on underperformance in its software business.
HCLTech Q3 Results: Net Profit Rises 8.4%, Meets Estimates
The information technology major's revenue rose 3.6% sequentially to Rs 29,890 crore in the October-December period, as compared to Rs 28,862 in the preceding quarter. That compares with the Rs 30,036 crore consensus estimate of analysts tracked by Bloomberg.
India's HCLTech drops 8% after Q3 revenue misses estimates
HCLTech, India's no. 3 software services provider, plunged 8 per cent on Tuesday after reporting a smaller-than-expected quarterly revenue and as a slew of brokerages cut their ratings on the shares.
India's HCLTech tumbles nearly 10% after Q3 revenue miss
Shares of HCLTech plunged nearly 10% on Tuesday, set for their worst session since September 2015, after India's No. 3 software services provider missed quarterly revenue estimates and raised only the lower end of its full-year sales outlook.
HCLTech shares tumble nearly 10% after Q3 results. What should investors do?
Several brokerages have shared their views on the IT giant's Q3 results. Brokerage firm Morgan Stanley maintained an 'Equal-Weight' rating with a target price of Rs 1,970.
India's HCLTech misses Q3 revenue estimate
HCLTech, India's third-largest software company, posted a smaller-than-expected December-quarter revenue on Monday, with clients holding back discretionary tech spending amid macroeconomic uncertainties.
India’s 3rd Largest IT Firm HCLTech Shares Slide on Revenue Miss, Profit Tops Estimates
Indias third-largest IT services provider, saw its shares fall on Tuesday following third-quarter results that missed revenue forecasts. The company reported a 5.1% rise in
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HCL Tech Q3 Results Highlights: IT firm's net profit rises 5.5% to ₹4,591 crore, announces dividend of ₹25
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The company also narrowed its revenue growth forecast for the current fiscal year, reflecting the challenges facing the ...
HCL Tech Q3 Results Live Updates: Profit rises 6% YoY to Rs 4,591 cr, revenue up 5%, company declares Rs 18 dividend
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HCLTech Q3 profit climbs 8.4% QoQ to ₹4,591 crore; margins in line with estimates, dividend declared
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HCLTech Q3 Results Review - Seasonal Tailwinds Drive Revenue Growth, Margins; 'Hold' Says Systematix
As HCLTech’s recent stock outperformance bakes in the near-term positives, the brokerage reiterates 'Hold' with a revised ...