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hcl tech share price: HCL Tech shares jump 5%, hit 52-week high on strong Q3 earnings. Should you buy, sell or hold?

Jefferies has maintained a hold view on HCL Technologies for a price target of Rs 1,500. The Q3 results beat estimates of Jefferies on higher-than-expected margins in the software segments while revenue beat in software offset the miss in services. ....

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HCL Tech Q3 Results Live Updates: Co to retain its FY24 growth guidance; net profit likely to grow 7%

HCL Tech Q3 Results: Beating the seasonality issue that the IT sector faces, HCLTech is expected to have put up a far better performance than its frontline peers in the December quarter. This is because this period is seasonally strong for the company.The company is seen reporting a nearly 5% sequential rise in consolidated revenue to Rs 27,959.40 crore, and net profit is expected to increase by nearly 7% to Rs 4,085 crore, according to the average of estimates given by 11 brokerage firms.On a year-on-year (YoY) basis, the topline is expected to rise 4.7%, while the bottomline may drop a marginal 0.3%.In constant currency terms, analysts expect HCLTech’s revenue to grow 4.6% sequentially in the quarter gone by. ....

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HCL Tech to pay Rs 12/share interim dividend; sets record date

India s third-largest IT service provider HCL Tech reported a decent set of numbers as the consolidated net profit rose 13.5% sequentially to Rs 4,350 crore. The IT major s Board declared an interim dividend of Rs 12/share and fixed January 20 as the record date for the same. The payment date of the said interim dividend will be January 31. ....

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Wipro, HCL Tech Q3 results: What to expect after Infosys, TCS December quarter earnings

Wipro is seen reporting a double digit fall in net profit for the December quarter while HCL Tech is expected to report a single digit rise in profit.

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Q3 results today: HCL Tech, Wipro among 18 companies to announce earnings

Today, the focus will be on the results of HCL Technologies and Wipro.. Other important results include HDFC Life Insurance Company, Anand Rathi Wealth, Aditya Birla Money, Den Networks, and Tata Metaliks. HCL Technologies is expected to beat sector seasonality with a rise in revenue, while Wipro s performance is expected to be muted due to furloughs and weak demand. ....

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