Shares of HCL Technologies slipped more than 2 percent in early trade on Tuesday as investors remained cautious despite a strong Q3 showing. Brokerages broadly flagged limited near-term upside.
HCL Technologies Ltd Q3 FY26 Results: Consolidated revenue increased 13.3% from a year earlier to Rs 33,872 crore in the quarter ending December 31
Tata Consultancy Services’ Q3 FY26 net profit fell 14 percent year-on-year to Rs 10,657 crore, missing Street estimates, as large exceptional charges linked to restructuring, labour law changes and a US legal provision weighed on reported earnings. Excluding these one-offs, profit rose 8.5 percent, while the IT major declared a Rs 57 per share dividend.
LTIMindtree Ltd Q4 FY25 Results: The information technology firm's stock jumped over 5% today ahead of its quarterly earnings report, which showed a 2.6% on-year rise in net profit.
The company raised its full-year revenue growth guidance to 3.75-4.5 percent, topping up on the surprise hike to 3-4 percent announced in July.
BMR Advisors has come out with its report on Information Technology (IT) sector.