{"id":946606,"date":"2025-07-15T09:06:11","date_gmt":"2025-07-15T03:36:11","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=946606"},"modified":"2025-07-15T09:21:52","modified_gmt":"2025-07-15T03:51:52","slug":"nuvama-downgrades-hcl-technologies-cuts-target-price-3-key-concerns-now","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/15\/nuvama-downgrades-hcl-technologies-cuts-target-price-3-key-concerns-now\/","title":{"rendered":"Nuvama downgrades HCL Technologies, cuts target price: 3 key concerns now"},"content":{"rendered":"<p>Nuvama Institutional Equities downgraded HCL Technologies to a \u2018Hold\u2019 rating from \u2018Buy\u2019 as it sees limited valuation upside in the stock. The brokerage house slashed the target price by 4.1% to Rs 1,630 from Rs 1,700. The downgrade came after the company posted weak quarterly results. <\/p>\n<p>Nuvama on HCL Tech: Seasonality impacted growth, low margins a shocker <\/p>\n<p>The tech giant\u2019s revenue declined 0.8% sequentially due to Q1 seasonality. The services business inched down 0.1% Quarter-on-Quarter (QoQ) and ER&amp;D 0.5% QoQ, while IT Services was flat QoQ.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nuvama Institutional Equities downgraded HCL Technologies to a \u2018Hold\u2019 rating from \u2018Buy\u2019 as it sees limited valuation upside in the stock. The brokerage house slashed the target price by 4.1% to Rs 1,630 from Rs 1,700. The downgrade came after the company posted weak quarterly results. Nuvama on HCL Tech: Seasonality impacted growth, low margins a shocker The tech giant\u2019s revenue declined 0.8% sequentially due to Q1 seasonality. The services business inched down 0.1% Quarter-on-Quarter (QoQ) and ER&amp;D 0.5% QoQ, while IT Services was flat QoQ.<\/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":[63,4,12],"tags":[],"class_list":["post-946606","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/946606","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=946606"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/946606\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=946606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=946606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=946606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}