HCLTech tumbles 3% after Q1: Two brokerages recommend ‘Buy’ but one sees 10% downside — Here’s why
HCL Technologies has delivered another quarter of profit growth. Revenue increased, margins remained healthy, the company retained its full-year guidance and even announced an interim dividend.
Yet, the stock failed to cheer investors.
After Q1FY27 earnings were announced on July 13, HCLTech shares came under pressure in the early trade today, falling around 3% despite reporting better-than-expected numbers.
