{"id":833128,"date":"2024-07-16T09:17:33","date_gmt":"2024-07-16T03:47:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=833128"},"modified":"2024-07-16T09:47:07","modified_gmt":"2024-07-16T04:17:07","slug":"brokerages-raise-target-price-for-hcltech-after-solid-q1-performance","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/16\/brokerages-raise-target-price-for-hcltech-after-solid-q1-performance\/","title":{"rendered":"Brokerages raise target price for HCLTech after solid Q1 performance"},"content":{"rendered":"<p>Shares of HCL Tech zoomed 4.83 per cent at Rs 1635.85 per share on the BSE in Monday\u2019s early morning trade. This came after the IT services major reported a 20.4 per cent year on year (Y-o-Y) increase in its net profits to Rs 4,257 crore in the April-June Quarter of fiscal year 2024-25. The profits grew 6.8 per cent sequentially. <\/p>\n<p>According to analysts, a $69 million gain from the State Street joint venture&#8217;s divestment led to a net profit beat.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of HCL Tech zoomed 4.83 per cent at Rs 1635.85 per share on the BSE in Monday\u2019s early morning trade. This came after the IT services major reported a 20.4 per cent year on year (Y-o-Y) increase in its net profits to Rs 4,257 crore in the April-June Quarter of fiscal year 2024-25. The profits grew 6.8 per cent sequentially. According to analysts, a $69 million gain from the State Street joint venture&#8217;s divestment led to a net profit beat.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-833128","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=833128"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833128\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=833128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=833128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=833128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}