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HCL Tech remains an IT outlier. But CEO remains cautious of macro pressures

HCL Technologies topped revenue, headcount growth of IT services' top four in FY24.Despite optimism, a guidance of 3-5% revenue growth in FY25 has raised some concern.C. Vijayakumar, MD and CEO of HCL Technologies, says profitability will be maintained in FY25

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HCL Technologies to fully train 50,000 employees in generative AI by year's end: CEO Vijayakumar

HCL Technologies, India's third largest IT services provider, plans to train 50,000 employees in generative AI (GenAI) by year's end. With this move, the company aims to leverage AI advancements and maintain its competitive edge in the global market.

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Mcap of BSE-listed companies soar to all-time high of Rs 406.52 lakh cr

The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent.

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Buy HCL Technologies; target of Rs 1700: Motilal Oswal

Motilal Oswal is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1700 in its research report dated April 27, 2024.

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Reduce HCL Technologies: target of Rs 1330: ICICI Securities

ICICI Securities recommended reduce rating on HCL Technologies with a target price of Rs 1330 in its research report dated April 27, 2024.

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Stocks in news: Stocks in news: Bajaj Finance, Vedanta, Tech Mahindra, ICICI Sec, SBI Card, SBI Life

Metal major Vedanta on Thursday reported a net profit of Rs 1,369 crore for the March-ended quarter, down over 27% (YoY) compared to Rs 1,881 crore reported in the year-ago period. Consolidated revenue from operations for the quarter stood at Rs 34,937 crore, down 6% YoY over Rs 37,225 reported by the company in Q4FY23.

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Nifty today: Pre-market action: Here's the trade setup for today's session

Notwithstanding FIIs outflows, India's strong growth prospects and hopes of a majority win for the ruling party in the upcoming elections has been drawing a lot of domestic investors to take exposure to equities, Tapse said.

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HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared

HCL Tech Q4 results: IT major reports net profit at ₹3,986 crore and revenue at ₹28,499 crore.

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hcltech q4 results: HCLTech disappoints in Q4 though deal momentum continues

Revenue in the major markets of the US and Europe grew sequentially by 4.2% and 2.3%, respectively, while major business verticals also showed higher revenue. But what sets HCLTech apart from peers is the fact that it continued to add headcount during the quarter.

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HCL Tech Q4 results: Attrition rate drops to 12.4%

HCL Technologies reported a net profit of ₹3,986 crore in Q4 FY24 with attrition rate decreasing to 12.4% and a net addition of 1,537 individuals.

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