In today's session, HCL Technologies experienced a significant downturn, with its stock price dropping by 3.41% to Rs 1540.00. This decline was accompanied by a notable surge in trading volumes, raising concerns among investors and prompting a closer look at the factors influencing the stock's performance.
The sell-off in HCL Technologies shares is particularly noteworthy given the context of its inclusion in several key indices, including the NIFTY 50, NIFTY 100, NIFTY IT, and NIFTY 500. The widespread impact across these indices suggests that the decline may be driven by broader market sentiment or specific concerns related to the company's outlook.
Recent sentiment analysis indicates a shift towards a more bearish outlook on HCL Technologies. On March 25, 2025, the sentiment was neutral with a closing price of Rs 1624.90. However, by April 1, 2025, the sentiment had turned very bearish, with the closing price at Rs 1541.20.
A review of HCL Technologies' financial performance reveals the following trends:
Here is a summary of key financial data:
| Financial Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|---|
| Revenue (Cr) | Rs 28,446.00 | Rs 28,499.00 | Rs 28,057.00 | Rs 28,862.00 | Rs 29,890.00 |
| Net Profit (Cr) | Rs 4,351.00 | Rs 3,995.00 | Rs 4,259.00 | Rs 4,237.00 | Rs 4,594.00 |
| EPS | Rs 16.06 | Rs 14.72 | Rs 15.70 | Rs 15.62 | Rs 16.94 |
With HCL Technologies stock currently trading at Rs 1540.00, the sharp decline and shift in investor sentiment warrant close monitoring in the coming days.
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