Latest news about HCL Technologies
HCL Technologies Records Rs. 54.35 Crore Block Trade on NSE
HCL Technologies Expects Lower End Guidance to Continue Into Next Year
HCL Technologies Executes Rs. 33.98 Crore Block Trade on NSE
HCL Technologies
1,228.20
+25.00(+2.08%)
Company Performance:
View Company Insights1D+2.08%
1M-10.57%
6M-19.40%
1Y-22.59%
5Y+32.24%
More news about HCL Technologies
22Apr 26
Morgan Stanley Cuts HCLTech Target Price to ₹1,410 from ₹1,760, Maintains Equal-Weight Rating
Morgan Stanley has cut HCLTech's target price from ₹1,760 to ₹1,410, representing a 19.89% reduction, while maintaining an Equal-weight rating. The brokerage cited growth convergence with peers potentially normalizing P/E premium, persistent macro volatility, client-specific risks, AI-led deflation impacting core business, and currency gains reinvestment delaying margin expansion as key concerns affecting the revised outlook.
22Apr 26
Mixed Brokerage Views on HCLTech: Kotak Cuts to Reduce at ₹1,370, Motilal Buy
Five major brokerages have issued contrasting assessments of HCLTech following disappointing Q4 results, with ratings ranging from Kotak Securities' Reduce at ₹1,370 to Motilal Oswal's Buy at ₹1,650. The comprehensive fourth quarter miss, client-specific issues, project pull-backs, and AI-led deflation concerns have led to weaker FY27 guidance and varied recovery expectations among analysts.
22Apr 26
HSBC Cuts HCLTech Target Price to ₹1,480 Following Q4 Performance Miss
HSBC has maintained its Hold rating on HCLTech while cutting the target price to ₹1,480 from ₹1,560 following a sharp Q4 performance miss. The underperformance was driven by budget cuts at top US telecom clients and SAP project cancellations. HSBC expects a weaker FY27 growth outlook with earnings and stock returns unlikely to compound at double-digit levels.
22Apr 26
Citigroup Cuts HCL Technologies Target Price to ₹1,385 Following Weak Q4 Performance
Citigroup has maintained its neutral rating on HCL Technologies while reducing the target price to ₹1,385 following weak Q4 results. The company reported below-expectation revenue, deal TCV, and provided muted 1-4% constant currency revenue guidance. Key challenges include flat TTM TCV growth of 1% YoY, limited headcount expansion of 1.7% YoY, telecom spending cuts, and SAP program discontinuation, resulting in 1-2% EPS cuts, though medium-term positioning remains relatively stronger.
22Apr 26
HCL Technologies Transitions Software Sales to Subscription Model, Anticipates Margin Impact
HCL Technologies is strategically shifting its software sales model toward subscription-based offerings, moving away from traditional one-time sales approaches. The company expects this transition to result in a mild decline in software margins, reflecting the typical impact of changing from upfront to recurring revenue recognition patterns. This strategic move aligns with industry trends toward predictable recurring revenue models and enhanced customer relationships.
22Apr 26
HCL Tech: AI Disruption Could Add 2-3% Deflationary Impact Beyond Normal Productivity
HCL Technologies has updated its FY27 guidance commentary to include concerns about AI-driven service disruption adding 2-3% deflationary impact beyond usual productivity gains. The company maintains revenue growth guidance of 1-4% and services growth of 1.5-4.5%, but excludes potential benefits from HPE and Jaspersoft telecom deals due to delayed US regulatory approval, creating multiple headwinds for growth projections.
22Apr 26
HCL Technologies Appoints Kimsuka Narsimhan as Independent Director for Five-Year Term
HCL Technologies has appointed Ms. Kimsuka Narsimhan as an Independent Director for a five-year term from April 20, 2026 to April 19, 2031. She brings over 35 years of consumer goods industry experience, having served in senior roles at Kimberly-Clark, PepsiCo, and Unilever, along with board positions at Bharti Airtel, Meesho, Akzo Nobel and Astra Zeneca. The appointment strengthens the company's board diversity ratio to over 54%.
21Apr 26
HCL Technologies Declares Dividend of ₹24 Per Share
HCL Technologies has declared a dividend of ₹24 per share for its shareholders. This announcement demonstrates the company's commitment to returning value to investors and reflects confidence in its financial position and cash flow generation capabilities.
13Apr 26
HCL Technologies Schedules Q4FY26 Results Conference Call for April 21, 2026
HCL Technologies has scheduled a conference call for April 21, 2026, at 7:30 PM IST to discuss Q4 and annual FY26 results ended March 31, 2026. The 60-minute call will feature senior management discussing results followed by a Q&A session, with multiple dial-in options for domestic and international participants. The company will announce results post-market hours, with live webcast available and replay access until April 28, 2026.
09Apr 26
HCL Technologies Submits SEBI Compliance Certificate for Q4 FY26 Dematerialisation Process
HCL Technologies Limited filed its mandatory quarterly certificate with BSE and NSE pursuant to SEBI Regulation 74(5) for the quarter ended March 31, 2026. Company Secretary Manish Anand submitted the documentation on April 8, 2026, with the certificate issued by registrar MUFG Intime India Private Limited confirming compliance with dematerialisation procedures and securities handling requirements during the quarter.
01Apr 26
HCLTech Launches AI Force 2.0 Platform for Enterprise-Grade Agentic AI Solutions
HCL Technologies has launched AI Force 2.0, an advanced enterprise AI platform that integrates agentic intelligence with generative AI to accelerate workflows across software engineering, IT operations and business processes. The model agnostic platform unifies engineering, operations and applications within a single intelligence fabric, enabling AI agents to make context-aware decisions and take autonomous action at scale. The platform offers extensive prebuilt assets including prompts, agents, workflows and ready-to-deploy use cases while allowing customization for specific enterprise needs, supported by embedded Responsible AI evaluators for governance and security.
01Apr 26
CLSA Upgrades HCLTech to Outperform with Rs 1524 Target Price on AI Partnerships and Growth Prospects
CLSA has upgraded HCLTech to Outperform with a Rs 1524 target price, citing the company's early AI partnerships including OpenAI collaboration, strong cost-optimization demand amid Middle East uncertainty, and expected 4.8% FY27 organic constant currency growth. These factors position HCLTech as the fastest-growing large-cap IT services firm in the current market environment.
01Apr 26
HCL Technologies Expands Strategic Partnership with CrowdStrike for AI-Powered Cybersecurity Services
HCL Technologies and CrowdStrike announced an expanded strategic partnership on March 31, 2026, launching AI-powered Continuous Threat Exposure Management (CTEM) services. The collaboration combines CrowdStrike's AI-native Falcon platform with HCLTech's VERITY framework and AI Force platform to provide continuous threat identification and remediation across endpoints, cloud, identity, applications and data. This partnership enables enterprises to maintain real-time security visibility and implement structured risk management through advanced AI-driven threat detection and automated remediation capabilities.
30Mar 26
HCL Technologies Executes Rs. 87.67 Crore Block Trade on NSE
HCL Technologies completed a major block trade on NSE worth Rs. 87.67 crores, involving approximately 652,300 shares at Rs. 1344.00 per share. The transaction demonstrates significant institutional activity and reflects strong market participation in the company's stock.
26Mar 26
HCLTech Secures No. 2 Ranking in Hurun India Impact 50 Report for Sustainability Excellence
HCL Technologies has been ranked No. 2 overall in the Perpetual Capital–Hurun India Impact 50 2026 report for its sustainability initiatives, achieving No. 1 rankings in Gender Equality and Affordable & Clean Energy categories. The company was also included in the S&P Global Sustainability Yearbook for the fourth consecutive year, demonstrating consistent ESG performance. Additional recognitions include a Gold rating from EcoVadis, placing it among the top 4% of rated IT companies, and inclusion in TIME magazine's World's Most Sustainable Companies 2025 list.
25Mar 26
HCL Technologies Board Meeting Set for April 21, 2026 to Review FY26 Results
HCL Technologies has scheduled a board meeting for April 20-21, 2026, with the primary agenda focusing on reviewing audited financial results for FY26 and considering interim dividend payment for FY27. The key financial decisions will be made on April 21, 2026, as communicated to stock exchanges under Regulation 29 compliance.
25Mar 26
HCL Technologies Plans 3x Growth in IBM Software Portfolio, Targets Revenue Increase in FY26
HCL Technologies has announced plans for 3x growth in its IBM software portfolio while targeting 2-4% revenue increase in FY26. The company is simultaneously implementing operational restructuring initiatives to support these strategic objectives.
20Mar 26
HCL Technologies announces winners of 11th edition of HCLTech Grant with total funding of ₹24 crore
HCLFoundation announced winners of the 11th HCLTech Grant edition, distributing ₹24 crore among 12 NGOs for projects across water, biodiversity, healthcare, and education. Four organizations received ₹5 crore each while eight received ₹50 lakh each, selected from 7,274 applications nationwide. The program has impacted 2.2 million lives across 60,000+ villages over the past decade, demonstrating HCL Technologies' sustained commitment to social development.
20Mar 26
HCL America Completes Full Repayment of $252.21M Senior Notes; Parent Guarantee Released
HCL America Inc. has successfully completed the full repayment of its $252.21 million senior unsecured notes, marking the conclusion of a $500 million debt program initiated in March 2021. The repayment follows a structured approach that included a $247.79 million buyback in February 2023. With this final repayment, HCL Technologies Limited's parent company guarantee has been fully released, eliminating all related debt obligations and demonstrating strong financial management capabilities.
19Mar 26
HCLTech Named Leader in Everest Group Private Cloud Services PEAK Matrix 2025
HCLTech has been named a Leader in the Everest Group Private Cloud Services PEAK Matrix Assessment 2025, evaluated on market impact, vision, and capability. The recognition highlights the company's comprehensive private cloud portfolio supporting AI-enabled workloads, regulatory requirements, and hybrid-first strategies with enterprise-grade control and operational resilience.
18Mar 26
HCLTech Recognized as World's Most Ethical Company by Ethisphere for Third Consecutive Year
HCL Technologies has been recognized as one of the 2026 World's Most Ethical Companies by Ethisphere for the third consecutive year. The recognition follows a comprehensive assessment requiring more than 240 proof points across ethics, compliance, governance, and social impact areas. HCLTech operates globally with more than 226,300 employees across 60 countries and reported consolidated revenues of $14.5 billion for the 12 months ending December 2025.
18Mar 26
HCLTech Named Official Launch Partner for AWS European Sovereign Cloud Initiative
HCLTech has been selected as an official launch partner for AWS European Sovereign Cloud, launched in Brandenburg, Germany. The partnership enables HCLTech to help European clients meet data residency and compliance requirements through independent EU-based cloud infrastructure, leveraging the company's expertise in managing regulated workloads and multiple AWS competencies.
12Mar 26
HCLTech Expands Google Cloud Partnership To Accelerate Agentic AI Adoption Across Industries
HCLTech announced an expanded strategic collaboration with Google Cloud on March 12, 2026, to accelerate enterprise Agentic AI adoption. The partnership targets expanding certified workforce from 12,000 to 35,000 professionals within three years while supporting over 2,000 GenAI-led customer engagements. With consolidated revenues of $14.50 billion and over 226,300 employees across 60 countries, HCLTech will leverage Gemini Enterprise and models to build custom AI agents, establish Physical AI innovation hubs, and expand industry-specific solutions through its AIForce platform.
11Mar 26
HCL TECH: Teams Up With Hockey Victoria To Back Melbourne Cobras
HCL Technologies has entered a strategic partnership with Hockey Victoria to support the Melbourne Cobras franchise as it debuts in Australia's Hockey One League as the eighth team. The collaboration involves developing a comprehensive digital fan engagement platform featuring live match insights, interactive content, and personalization capabilities to enhance fan experiences across Australia and India.
06Mar 26
HCL Technologies Partners with University of Western Australia to Develop Next-Generation Talent Architecture
HCL Technologies has strengthened its strategic partnership with the University of Western Australia to develop next-generation talent architecture, announced at the Capability Summit 2026 in Chennai. The collaboration focuses on joint dialogue, research, executive education and innovation exchange to build sustainable talent ecosystems. Industry and academic leaders emphasized the importance of building scalable, resilient talent architectures to support long-term digital growth as AI reshapes industries.
06Mar 26
HCL Technologies Completes Acquisition of Singapore-Based Finerqic Solutions
HCL Technologies has successfully completed the acquisition of 100% stake in Finerqic Solutions Pte Ltd on March 6, 2026, executed through its wholly owned subsidiary HCL Singapore Pte Ltd. The transaction, which was initially announced on January 23, 2026, strengthens the company's presence in the Southeast Asian market and demonstrates its strategic expansion approach through localized subsidiaries.
05Mar 26
HCLTech Recognized as Leader in 2025 Gartner Magic Quadrant for Custom Software Development Services
HCLTech has been named a Leader in the 2025 Gartner Magic Quadrant for Custom Software Development Services. The recognition highlights the company's AI-native development approach, AI Force platform capabilities, and focus on delivering measurable business outcomes. With more than 226,300 employees across 60 countries and consolidated revenues of $14.5 billion for the 12 months ending December 2025, HCLTech serves clients across major industry verticals through its comprehensive technology services portfolio.
03Mar 26
HCL Technologies Adds Three Network Automation rApps to Ericsson's rApp Directory
HCL Technologies announced the inclusion of three network automation RAN applications in Ericsson's rApp Directory on March 03. The three rApps - Traffic Balancer, Energy Optimizer, and Network Slice Optimizer - expand the company's contribution to open, standards-based RAN automation. This development empowers global communication service providers to accelerate network automation with seamless discoverable solutions, helping operators scale 5G and embrace autonomous networks.
02Mar 26
HCLTech Wins Dual ServiceNow Partner of the Year 2026 Awards for AI Excellence
HCL Technologies won two ServiceNow Partner of the Year 2026 awards for AI Customer Value Partner and Service Provider excellence in the Americas region. The recognition highlights the company's expertise in AI-powered service workflows across 23 languages using solutions like Now Assist and Virtual Agent. With over 226,300 employees across 60 countries and $14.5 billion in consolidated revenues, HCL Technologies continues to demonstrate leadership in ServiceNow platform optimization and enterprise AI transformation.
26Feb 26
HCLTech to Drive AI-Native Telecom Industry Dialogues at Mobile World Congress 2026
HCLTech will lead AI-native telecom industry discussions at Mobile World Congress Barcelona 2026, featuring partnerships with Microsoft, Nokia, Ericsson, AT&T, Verizon, and other global leaders. The company will demonstrate intelligent networks, AI-powered platforms, and automation frameworks while hosting executive panels and revealing telecom AI priority survey findings. With over 226,300 employees across 60 countries and $14.5 billion in consolidated revenues for 12 months ending December 2025, HCLTech continues driving AI transformation across the TMT sector.
26Feb 26
HCLTech Partners with IIT Kanpur to Advance Deep Tech Innovation for Global Capability Centers
HCL Technologies has signed a strategic MoU with IIT Kanpur to boost deep tech innovation for Global Capability Centers, emphasizing AI, robotics, and future technologies. The collaboration combines HCLTech's GCC solutions with IIT Kanpur's research ecosystem to accelerate product launches and support research-focused innovation, officially launched at the GCC 4.0 summit in Hyderabad with 250+ technology leaders.
25Feb 26
HCLTech Recognized as Leader in 2025 Gartner Magic Quadrant for Service Integration and Management
HCL Technologies has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Service Integration and Management, highlighting its 13+ years of expertise in the SIAM market. The company serves key verticals including manufacturing, retail, and healthcare, leveraging AI Force technology to advance SIAM capabilities. With over 226,300 employees across 60 countries and consolidated revenues of $14.50 billion, HCLTech focuses on helping enterprises transition from managing services to orchestrating outcomes.
25Feb 26
HCL Technologies Named Leader in IDC MarketScape: Canadian AI Services 2025
HCL Technologies has been named a Leader in the IDC MarketScape: Canadian AI Services 2025 Vendor Assessment. The recognition highlights the company's client-centric approach, comprehensive AI portfolio including AI Factory and AI Force platforms, and strong capabilities in delivering production-ready AI solutions. Operating in Canada for over 16 years, HCLTech serves multiple industries including financial services, telecom, retail, manufacturing, and energy, helping organizations achieve measurable business outcomes through AI-led transformation.
24Feb 26
HCL Technologies Records Rs. 76.83 Crore Block Trade on NSE
HCL Technologies executed a major block trade on NSE worth Rs. 76.83 crores, involving 576,406 shares at Rs. 1333.00 per share. The transaction demonstrates significant institutional activity in the IT services company's stock through the block deal mechanism.
20Feb 26
HCLTech Unveils VisionX 2.0 Multi-Modal AI Edge Platform with NVIDIA Technology
HCL Technologies announced VisionX 2.0, an upgraded multi-modal AI edge platform developed with NVIDIA technology for mission-critical industrial environments. The platform integrates advanced computer vision, vision language models, and edge-optimized generative AI using NVIDIA's physical AI computing stack including Blueprint for video search, DeepStream, Cosmos Reason VLM, and TAO. Key features include on-premises edge AI performance through NVIDIA Jetson and RTX PRO 6000 Blackwell GPUs, multi-modal AIoT engine for analyzing video, audio, LiDAR and IoT streams, and Zero-Trust edge security architecture with Dell NativeEdge deployments.
17Feb 26
HCL Technologies to Participate in Jefferies Mumbai NDR Corporate Roadshow Feb 23-25, 2026
HCL Technologies Limited will participate in the Mumbai NDR Corporate Roadshow hosted by Jefferies from February 23-25, 2026, as announced in a regulatory filing dated February 17, 2026. The event will feature group meetings and potential one-on-one investor interactions, with the company ensuring no unpublished price sensitive information will be shared. The announcement was formally communicated to BSE and NSE, maintaining compliance with regulatory disclosure requirements.
09Feb 26
HCLTech Achieves AWS Competencies in Supply Chain, Security and High Performance Computing
HCL Technologies has achieved AWS Competencies in Supply Chain, Security and High Performance Computing following a rigorous audit process that validated the company's customer success and compliance with AWS best practices. The recognitions reflect HCLTech's deep technical expertise and proven ability to deliver high-quality cloud solutions for complex, business-critical workloads. These competencies strengthen HCLTech's collaboration with AWS and position the company to help clients accelerate cloud adoption, drive innovation and realize sustained business value across various transformation initiatives.
06Feb 26
HCLTech Recognized as Leader in Everest Group's Digital Workplace Services PEAK Matrix Assessment 2025
HCL Technologies has been named a Leader in Everest Group's 2025 Digital Workplace Services PEAK Matrix Assessment, recognizing its innovative FLUID AI Workplace offering and comprehensive end-to-end IT services capabilities. The recognition highlights the company's strength in delivering GenAI-powered solutions with strong customization and automation capabilities across domains including Unified Communication and Collaboration, IoT, and network services. Enterprise clients particularly value HCLTech's consistent cost optimization benefits and competitive pricing for digital workplace transformation initiatives.
06Feb 26
HCLTech Selected by Circles to Accelerate Global Telecom Connectivity Innovation
HCL Technologies has been officially selected by Circles to accelerate connectivity innovation for the global telecommunications industry through a strategic partnership announced on February 6, 2026. The collaboration leverages HCLTech's product engineering expertise and full-stack AI portfolio to enhance Circle's MVNO and MVNE platforms, enabling faster implementation and AI-led managed services for global customers.
04Feb 26
HAESL Chooses HCLTech To Enhance Aviation Maintenance Processes
Hong Kong Aero Engine Services Limited has chosen HCL Technologies to digitally transform its maintenance, repair and overhaul operations through the deployment of HCLTech's iMRO/4 asset management solution integrated with SAP S/4HANA. The partnership aims to streamline processes, enhance scalability, improve data visibility and optimize resource management while ensuring compliance with global aviation standards.
28Jan 26
HCL Technologies Partners with Guardian Life Insurance for AI-Driven Technology Transformation
HCL Technologies has secured a multi-year strategic partnership with Guardian Life Insurance Company of America to accelerate AI-driven technology transformation. The collaboration will utilize HCLTech's GenAI platform AI Force to enhance Guardian's operational efficiencies, improve engineering outcomes, and accelerate time-to-market across application development, support, testing and infrastructure management. Guardian, one of the largest U.S. life insurers, selected HCLTech as part of its broader technology modernization strategy emphasizing AI-led transformation and strategic vendor consolidation.
27Jan 26
HCL Technologies Partners With Western Union to Expand Hyderabad Global Capability Center
HCL Technologies has partnered with Western Union to expand its Global Capability Center in Hyderabad, focusing on advanced AI and new platform operating model for future payments systems. This strategic collaboration strengthens HCL's position in financial technology and demonstrates commitment to innovation in the payments industry.
23Jan 26
HCL Technologies Acquires Singapore-Based Finergic Solutions for 19 Million Singapore Dollars
HCL Technologies announced on January 23, 2026, the acquisition of Singapore-based Finergic Solutions Pte Ltd for 19 million Singapore Dollars in cash consideration, expected to close by April 30, 2026. Founded in 2019, Finergic specializes in core banking and wealth management transformation with global presence and reported 12.6 million Singapore Dollars revenue in 2024. The strategic acquisition strengthens HCLTech's financial services capabilities and wealth management offerings, combining Finergic's niche expertise with HCLTech's scale to enhance service delivery across the financial services industry.
21Jan 26
HCL Technologies Announces Strategic Partnerships with Carahsoft and Team Global Express
HCL Technologies has announced strategic partnerships with Carahsoft Technology Corp for US public sector distribution and Team Global Express for AI-powered digital transformation in Australia and New Zealand. The Carahsoft partnership will provide advanced technology solutions to Federal, State, Local and Education agencies through multiple contract vehicles. The company's stock traded at ₹1,674.60 with an intraday high of ₹1,694.90 against the previous close of ₹1,687.30.
21Jan 26
HCL Technologies Expands Partnership with Team Global Express for AI-Powered Logistics Transformation
HCL Technologies has been selected by Team Global Express, Australia and New Zealand's largest multimodal logistics organization, for an expanded partnership focused on AI-powered digital transformation. The agreement consolidates Team Global Express' multi-vendor IT landscape into a single strategic partnership, with HCL Technologies providing end-to-end managed IT services across applications, hybrid cloud infrastructure, networks, cybersecurity, digital workplace, and service management. The partnership will leverage AI Force, HCL Technologies' GenAI-driven platform, to drive automation and enhance customer experience across operations.
20Jan 26
HCL Technologies Partners with Carahsoft to Accelerate U.S. Public Sector Digital Transformation
HCL Technologies has partnered with Carahsoft Technology Corp to serve as its Public Sector distributor for U.S. government agencies. The partnership provides Federal, State, Local and Education agencies access to HCL Technologies' AI-driven platforms, cloud modernization services, and cybersecurity solutions through multiple contract vehicles. HCL Technologies established a dedicated Public Sector Solutions subsidiary, while Carahsoft contributes expertise in government contracting and an extensive reseller network to accelerate digital transformation across the public sector.
20Jan 26
HCL Technologies Named Leader in IDC MarketScape for Managed SASE Services 2025
HCL Technologies has been named a Leader in the IDC MarketScape: Worldwide Managed SASE Services 2025 Vendor Assessment. The recognition highlights the company's extensive multivendor ecosystem, strategic partnerships, and proprietary AI-driven platforms that deliver unified observability across SD-WAN and SSE environments. With over 226,300 employees across 60 countries and consolidated revenues of $14.5 billion for the 12 months ending December 2025, HCLTech continues to strengthen its position in cybersecurity and network services.
19Jan 26
HCLTech Delivers 29% Returns While IT Sector Struggles Through Four-Year Slump
HCLTech delivered 28.86% stock returns from January 2022 to January 2026, significantly outperforming IT sector peers who experienced declines ranging from 6.70% to 25.00%. The company's proactive AI strategy, generating over $246 million in AI revenue, and consistent financial performance with $13.84 billion FY25 revenue have distinguished it in a challenging market environment.
19Jan 26
HCLTech targets $2.5bn AI revenue surge as 'AI factory' opens trillion-dollar growth
HCLTech is targeting $2-2.5 billion in AI revenue within 2-3 years, driven by two major opportunities: the 'AI factory' business serving the $1 trillion global tech capex cycle, and physical AI combining robotics with AI workflows. The company has already achieved $148 million in advanced AI revenue and expects each new AI business segment to reach $1 billion potential, representing entirely new service categories beyond traditional IT modernization.
19Jan 26
HCLTech Wins Innovation Award at 2025 Ericsson Supplier Awards for AI-Driven Solutions
HCL Technologies has won the 'Innovation Award' at the 2025 Ericsson Supplier Awards for its AI-driven capabilities and automation contributions that enhanced Ericsson's operational efficiency. The recognition stems from a multi-year collaboration focused on AI, automation, and cloud migration to support Ericsson's zero-touch operations journey. HCLTech was selected from Ericsson's supplier ecosystem for supporting global user environments and managing critical infrastructure while driving operational efficiency.
16Jan 26
HCLTech Reports Strong Q3 FY26 Results with 4.8% YoY Revenue Growth and Record Bookings
HCL Technologies reported strong Q3 FY26 results with revenue of $3.79 billion, up 4.8% YoY, crossing the $15 billion annualized revenue milestone. The company achieved robust net new bookings of $3 billion, up 43% YoY, driven by AI-powered solutions and engineering services. Operating margins improved to 18.6% with the company raising full-year services revenue growth guidance to 4.75%-5.25% in constant currency terms.
14Jan 26
HCLTech Focuses On India As Key Growth Market By Appointing Veteran Sandeep Saxena
HCL Technologies has strategically appointed company veteran Sandeep Saxena as Chief Growth Officer for Growth Markets 2, covering India, Middle East, and Africa. The Mumbai-based role underscores HCLTech's commitment to India's growth story and Digital India vision, with Saxena bringing 26 years of experience across multiple geographies and key client wins.
14Jan 26
HCL Technologies Reports $3 Billion Bookings Driven by Strong AI Demand in Q3
HCL Technologies reported exceptional Q3 performance with $3 billion TCV bookings driven by AI-led demand, advanced AI revenue of $146 million growing 20% sequentially, and stable EBIT margins at 18.6% despite absorbing $109 million in one-time labor code charges. The company demonstrated broad-based growth across verticals with technology services up 14% YoY and maintained strategic workforce management while positioning for continued AI-driven expansion.
13Jan 26
HCL Technologies Outperforms TCS with Strong Q3 Results and Raised Guidance
HCL Technologies significantly outperformed TCS in Q3 with 4.2% sequential constant currency revenue growth versus TCS's 0.8%, driven by strong products and platforms business performance. HCL achieved record deal wins with $3 billion TCV, up 43.5% year-on-year, leading to raised FY26 guidance, while TCS saw deal wins decline 9% to $9.3 billion. Both companies demonstrated AI revenue growth, with HCL's advancing 19.3% sequentially to $146 million and TCS's growing 17% to $1.8 billion annualized. Despite strong results, investor caution persists due to unclear demand visibility, with analysts noting HCL's superior growth prospects but highlighting rich valuations that may limit upside potential.
13Jan 26
HCLTech CEO Emphasizes AI Revenue Transparency as Company Reports $146 Million in Q3 Advanced AI Business
HCLTech CEO C Vijayakumar reinforced the company's commitment to AI revenue transparency following $146 million in Q3 advanced AI business with 46% sequential growth. He discussed how AI is reshaping deal renewals, with the company proactively sharing productivity gains to expand client wallet share. The CEO outlined the industry's transformation toward AI agents with human oversight while noting implementation prerequisites. Despite slower products business growth due to licensing model transitions, he expressed confidence in long-term industry growth opportunities beyond analyst predictions of modest single-digit growth.
13Jan 26
Morgan Stanley Initiates Tactical Buy Rating on HCL Technologies with FY27 Growth Outlook
Morgan Stanley has initiated a tactical buy rating on HCL Technologies, expecting near-term outperformance based on improving FY27 growth visibility, margin targets of approximately 18%, and rising consensus estimates among analysts covering the IT services company.
13Jan 26
HCLTech Reports Strong Q3 Performance, Management Confident on FY27 Despite Global Volatility
HCL Technologies reported strong Q3FY26 results with revenue of ₹33,872 crore and net profit of ₹4,076 crore, marking the second consecutive quarter of robust performance. Management expressed confidence for FY27 despite global volatility, citing 30% higher bookings in Q2-Q3 compared to last year. The company's restructuring exercise is nearing completion with costs capped at 50 basis points for FY26, positioning margins to return to 18-19% band in FY27. Advanced AI business continues strong momentum at ₹147-148 million quarterly revenue with 20% growth rate.
13Jan 26
HCL Technologies Reports Strong Q3FY26 Results, Raises Revenue Guidance Amid Mixed Analyst Views
HCL Technologies reported strong Q3FY26 results with revenue of ₹33,872 crore, up 13.3% year-on-year, and EBIT margin of 18.6% beating estimates. The company raised FY26 services revenue guidance to 4.75-5.25% and secured $3 billion in contract bookings, up 43.5% YoY. Despite a strategic partnership with The Magnum Ice Cream Company and consistent dividend payout, analyst recommendations remained mixed with target prices ranging from ₹1,680 to ₹2,080.
13Jan 26
ICICI Securities Maintains Hold Rating on HCL Technologies with Target Price of ₹1,590
ICICI Securities maintains Hold rating on HCL Technologies with ₹1,590 target price following strong Q3 results. The company beat revenue estimates with 4.2% QoQ constant currency growth, driven by software products business and healthy ER&D traction. Deal momentum remained robust with $3 billion TCV, up 17% QoQ and 43.5% YoY, positioning the company well for potential leadership in large-cap peer growth.
13Jan 26
HCLTech Rated 'Hold' By ICICI Securities Amid Revenue Beat — Check Revised Target Price
ICICI Securities maintains 'Hold' rating on HCLTech after the company delivered strong quarterly results with 4.2% QoQ constant currency growth, beating estimates of 2.2% and consensus of 2.8%. The performance was driven by exceptional software products segment growth, seasonal strength, and healthy traction in ER&D and IT services, despite facing furlough-related headwinds during the quarter.
13Jan 26
HCL Technologies Q3FY26 Results Beat Estimates; Motilal Oswal Sets ₹2,200 Target Price
HCL Technologies reported exceptional Q3FY26 results with revenue of $3.80 billion, growing 4.20% QoQ in constant currency and beating estimates. EBIT margin improved to 18.60% while adjusted PAT reached ₹48.00 billion, up 13.30% QoQ. The company secured $3.00 billion in new deal TCV, up 43.50% YoY, and revised FY26 revenue guidance to 4.00-4.50%. Motilal Oswal maintains BUY rating with ₹2,200 target price, citing strong growth prospects and resilient portfolio performance.
13Jan 26
Prabhudas Lilladher Issues Buy Rating for HCL Technologies with Target Price of ₹1,910
Prabhudas Lilladher has issued a buy rating for HCL Technologies with a target price of ₹1,910, following strong Q3 results that beat estimates with 4.2% QoQ revenue growth. The performance was driven by exceptional HCLSoftware growth of 28.1% QoQ and resilient services business growth of 1.8% QoQ. The company reported new deal TCV of USD 3.0 billion including a USD 473 million mega deal, prompting the brokerage to revise FY27E/FY28E growth projections upward to 7.0% and 7.7% respectively.
13Jan 26
HCL Technologies Stock Gains 2% on Mixed Q3 FY26 Performance
HCL Technologies stock rose nearly 2% on Tuesday after the IT services company announced mixed Q3 FY26 results on Monday. The Noida-headquartered firm reported steady revenue growth and margin expansion during the quarter, leading to positive market response and driving the stock price higher in Tuesday's trading session.
13Jan 26
HCLTech Shares Downgraded To 'Reduce' By Dolat Capital Despite Q3 Beat — Here's Why
Dolat Capital downgraded HCLTech to 'Reduce' rating despite strong Q3 results that beat expectations. The brokerage cited limited near-term upside due to recent sharp stock price gains, though it acknowledged the company's strong fundamentals including accelerating deal conversions and resilient margins.
13Jan 26
HCLTech Q3 Net Profit Falls 3.8% Due to One-Time Labour Code Impact
HCL Technologies reported Q3 net profit of ₹4,076 crore, down 3.8% QoQ due to ₹956 crore one-time impact from new labour codes implementation. Revenue grew strongly by 6% to ₹33,872 crore, exceeding estimates, while EBIT increased 14.2% to ₹6,285 crore. The advanced AI segment delivered nearly 20% QoQ growth, and the order book expanded 17% sequentially to $3 billion. The company revised FY guidance with revenue growth narrowed to 4%-4.5% and upgraded services revenue outlook to 4.75%-5.25%.
13Jan 26
HCL Tech Q3 Results: Net Profit Drops 11% YoY to ₹4,076 Crore Despite Revenue Growth
HCL Technologies reported Q3 results showing an 11% year-on-year decline in net profit to ₹4,076.00 crore from ₹4,591.00 crore, despite achieving strong revenue growth of 13% to ₹33,872.00 crore. The mixed results led to a over 1% decline in share price during Tuesday's trading session, reflecting market concerns about profitability despite top-line growth momentum.
13Jan 26
HCL Tech Stock Declines Despite Strong Q3 Performance as Brokerages Flag Limited Near-Term Upside
HCL Technologies shares fell 0.50% to ₹1,659.40 following Q3 FY26 results despite strong operational performance including robust deal wins and guidance upgrades. While brokerages acknowledged the company's solid quarterly delivery and top-tier peer positioning, most maintained cautious ratings citing seasonality risks, valuation concerns, and limited near-term upside potential. Nomura provided the most optimistic outlook with a Buy rating and ₹1,810.00 target, citing confidence in AI-led growth strategy.
13Jan 26
CLSA Maintains Hold Rating on HCL Technologies with Target Price of ₹1,661
CLSA has issued a Hold rating on HCL Technologies with a target price of ₹1,661.00. The neutral recommendation suggests the brokerage views the IT services company as fairly valued at current levels. This rating indicates limited significant upside or downside potential anticipated in the near term.
13Jan 26
Nomura Issues Buy Rating for HCL Technologies with Target Price of ₹1,810
Nomura has issued a buy recommendation for HCL Technologies with a target price of ₹1,810.00 per share. This positive rating reflects the global brokerage firm's confidence in the IT services company's prospects and represents their valuation assessment based on fundamental analysis.
13Jan 26
HSBC Maintains Hold Rating on HCL Technologies with Target Price of ₹1,815
HSBC has assigned a Hold rating to HCL Technologies with a target price of ₹1,815 per share. The neutral rating suggests the investment bank views the IT services company's stock as fairly valued at current market levels.
13Jan 26
CITI Maintains Neutral Rating on HCL Technologies with ₹1,700 Target Price
CITI has assigned a neutral rating to HCL Technologies with a target price of ₹1,700.00 per share. The neutral stance reflects the brokerage's balanced view of the IT services company's current market position and growth prospects, suggesting the stock is fairly valued at present levels.
13Jan 26
Macquarie Maintains Outperform Rating on HCL Technologies with ₹2,080 Target Price
Macquarie has maintained its outperform rating on HCL Technologies with a target price of ₹2,080.00 per share. The positive rating suggests the brokerage expects the IT services company to outperform market benchmarks, reflecting confidence in its business prospects and financial fundamentals.
13Jan 26
Morgan Stanley Raises HCL Technologies Target Price to ₹1,760, Maintains Equal Weight Rating
Morgan Stanley has updated its coverage of HCL Technologies, raising the target price to ₹1,760 per share while maintaining an Equal Weight rating. The Equal Weight rating reflects a neutral outlook on the stock's performance relative to market peers, suggesting balanced risk-reward characteristics in the current market environment.
13Jan 26
Kotak Securities Maintains 'Reduce' Rating on HCL Technologies with ₹1,680 Price Target
Kotak Securities has maintained its 'Reduce' rating on HCL Technologies with a price target of ₹1,680.00 per share. The brokerage's continued cautious stance suggests expectations of below-average performance for the IT services major. This rating provides investors with Kotak's current valuation assessment and market outlook for the stock.
13Jan 26
HCL Tech Q3 Results: Strong Fundamentals Meet Cautious Brokerage Outlook
HCL Technologies reported strong Q3 results with 43% YoY growth in deal TCV and upgraded FY26 guidance to 4.75-5.25%. Despite operational improvements and margin gains, brokerages remain cautious on near-term stock prospects due to seasonal headwinds and valuation concerns. The stock closed at ₹1,667.00, down 16% annually, with mixed brokerage ratings ranging from Hold to Buy.
13Jan 26
HCL Tech Q3FY26 Results: Net Profit Declines 11% YoY Despite Strong Revenue Growth
HCL Technologies reported Q3FY26 results showing 11% YoY decline in net profit to ₹4,076 crore despite strong 13% revenue growth to ₹33,872 crore. The company achieved significant operational milestones with $3 billion in net new deal wins (up 44% YoY) and declared interim dividend of ₹12 per share. Leading brokerages maintain positive outlook with target prices ranging ₹1,700-₹1,810, citing strong AI-driven growth prospects and improving demand environment.
13Jan 26
HCL Technologies Updates Guidance Framework, Excludes New Acquisitions While Including Restructuring Costs
HCL Technologies has updated its financial guidance framework, announcing that new acquisitions will be excluded from guidance projections while restructuring costs will be included in margin guidance. This strategic approach aims to provide clearer visibility into organic business performance and ensure transparent communication with stakeholders about operational realities.
13Jan 26
HCL Technologies Reports 13 Basis Points Decline in Q3 Operating Margin, Management Expects Recovery
HCL Technologies reported a 13 basis points year-over-year decline in Q3 operating margin during its latest quarterly results. Despite the marginal compression in operating performance, the company's management team expressed optimism about future recovery prospects during the conference call. The leadership's positive outlook suggests confidence in navigating current market challenges and achieving operational improvements in upcoming quarters.
13Jan 26
HCL Technologies Raises Full-Year Services Revenue Growth Forecast to 4.75%-5.25%
HCL Technologies has increased its full-year services revenue growth forecast to 4.75%-5.25% in constant currency, up from previous projections, while maintaining company-level guidance at 4%-4.5%. The IT services company has kept its EBIT margin guidance unchanged at 17%-18%, indicating confidence in maintaining profitability levels despite pursuing higher growth targets. These updates were communicated during the company's recent conference call.
13Jan 26
HCLTech Beats Q3 Estimates, Raises FY26 Guidance as Analysts Lift Price Targets
HCL Technologies exceeded Q3 expectations with 4.2% constant-currency revenue growth and 18.6% adjusted EBIT margin, both beating estimates. The company raised FY26 revenue guidance to 4-4.5% while facing a one-time ₹956 crore impact from new labour codes. AI revenue reached $146 million with 19.9% QoQ growth. Analysts raised price targets across brokerages, though some cautioned about valuation premiums limiting meaningful upside potential.
13Jan 26
HCL Technologies Revises Q3 Dividend Record Date to January 17, Reports Mixed Q3 Results
HCL Technologies revised its Q3 interim dividend record date to January 17 from January 16 due to BMC election holiday, maintaining ₹12 per share payout on January 27. The company reported mixed Q3 results with net profit declining 3.8% to ₹4,082 crore, missing estimates, while revenue grew 6% to ₹33,872 crore and EBIT margins improved to 18.6%.
13Jan 26
HCLTech Q3 Results: Brokerages Raise Target Prices Despite Profit Decline
HCL Technologies reported Q3 consolidated profit of ₹4,076 crore, down sequentially from ₹4,235 crore and below analyst estimates of ₹4,702 crore, primarily due to a ₹956 crore one-time provision for New Labour Codes. Despite the profit decline, major brokerages including Morgan Stanley, Kotak Securities, and Citi raised their target prices, citing strong deal wins, better-than-expected products segment performance, and improved forward-looking indicators as key positives for the IT services company.
13Jan 26
IT Q3 Earnings Season Opens Strong as TCS and HCL Technologies Exceed Estimates
TCS and HCL Technologies kicked off IT sector's Q3 earnings season with better-than-expected results. HCL Technologies recorded nine-quarter high order booking of $3.01 billion and raised FY26 guidance to 4.75-5.25%, while TCS secured $9.30 billion in deals for fifth consecutive quarter above $9.00 billion. However, TCS faced TTM revenue decline of 0.70% with negative incremental revenue of $216.00 million, while HCL maintained growth above 4.00% for nine quarters.
13Jan 26
HCL Technologies Reports Mixed Q3 Results with Revenue Growth but Profit Decline
HCL Technologies reported mixed Q3 results with revenue of ₹3,387.40 crores exceeding estimates but net profit declining to ₹407.60 crores, missing expectations. EBIT improved to ₹628.50 crores with margins expanding to 18.56%. The company's constant currency revenue growth of 4.80% year-on-year remained within guidance, while services revenue grew 5.00% year-on-year, meeting the upper end of full-year guidance.
12Jan 26
HCL Technologies Shifts Interim Dividend Record Date to January 17, 2026 Due to Trading Holiday
HCL Technologies Limited has revised its interim dividend record date from January 16 to January 17, 2026, following a trading holiday announcement for Maharashtra Municipal Corporation Elections on January 15, 2026. The Board declared the interim dividend on January 12, 2026, and despite the record date change, the payment date of January 27, 2026 remains unchanged. Company Secretary Manish Anand officially communicated this adjustment to BSE and NSE under Regulation 42 compliance requirements.
12Jan 26
HCL Technologies Q3 Results: Revenue Grows 6% Sequentially, Labour Code Provisions Impact Profitability
HCL Technologies reported Q3 revenue growth of 6% sequentially to ₹33,872 crore, exceeding market estimates, but net profit declined 3.8% to ₹4,076 crore due to a ₹956 crore one-time labour code provision. The company significantly increased fresher hiring with 2,852 additions during the quarter, bringing total fresher recruitment for the financial year to 10,032 - nearly two-thirds higher than the previous year. The board declared an interim dividend of ₹12 per share, maintaining strong shareholder returns with 88.8% of net income distributed over the last 12 months.
12Jan 26
HCL Technologies Reports 4.8% Yearly Revenue Growth in Constant Currency, Exceeding Guidance Range
HCL Technologies has reported a 4.8% yearly revenue growth in constant currency, exceeding its guidance range of 3-5%. This strong performance demonstrates the IT services company's robust operational execution and effective market strategy. The achievement reflects successful client engagement and business development initiatives, positioning the company favorably in the competitive IT services landscape.
12Jan 26
HCL Technologies Reports 5% Service Revenue Growth, Exceeding Annual Guidance Range
HCL Technologies achieved 5% year-on-year service revenue growth, exceeding its guidance range of 4-5%. This performance demonstrates strong operational execution and the company's ability to deliver results at the upper end of projected targets, reflecting effective market positioning in the technology services sector.
12Jan 26
HCL Technologies Executive Indicates Minimal Cost Impact From New Labor Regulations
HCL Technologies executive has indicated that new labor regulations are expected to have little additional cost impact on the company. This assessment suggests the IT services company is well-positioned for regulatory compliance with minimal operational disruption. The outlook reflects effective workforce management and regulatory preparedness strategies.
12Jan 26
HCL Technologies Reports Stable Tech Spending Amid Economic Uncertainty, Plans Strategic Acquisitions
HCL Technologies executives report that technology spending fundamentals remain stable despite economic uncertainties, demonstrating resilience in the IT sector. The company is actively pursuing strategic acquisitions of fast-growing early-stage software startups to expand its capabilities and service portfolio, reflecting confidence in sustained technology demand and commitment to growth through strategic investments.
12Jan 26
HCL Technologies Executive Reports Strong Demand for Application Modernization and Data Solutions
HCL Technologies executive reports strong market demand for application modernization and data solutions deals. This indicates positive business momentum in key technology segments, reflecting broader industry trends toward digital transformation and data-driven solutions.
12Jan 26
HCL Technologies Partners with Magnum Ice Cream for Digital Infrastructure Modernization
HCL Technologies has formed a strategic partnership with Magnum Ice Cream to modernize the brand's digital infrastructure. The collaboration focuses on comprehensive technology upgrades to enhance operational efficiency and customer engagement capabilities. This partnership further strengthens HCL Technologies' presence in the consumer goods sector and demonstrates its expertise in digital transformation solutions.
12Jan 26
HCLTech Secures Multi-Year Partnership with The Magnum Ice Cream Company for Digital Infrastructure Modernization
HCL Technologies has secured a strategic multi-year partnership with The Magnum Ice Cream Company to modernize digital infrastructure using AI Force platform technology. The collaboration will transition TMICC from AIOps to NoOps operating model, enabling autonomous IT operations while supporting the company's independence from Unilever through seamless TSA exit and greenfield infrastructure establishment.
12Jan 26
HCL Technologies Declares ₹12 Per Share Interim Dividend, Q3 Net Profit Falls 11% YoY
HCL Technologies declared an interim dividend of ₹12 per equity share for FY26 with record date January 16, 2026. The company reported Q3 FY26 net profit of ₹4,076 crore, down 11% YoY from ₹4,591 crore, while revenue grew 13% YoY to ₹33,872 crore. For FY26, the company guided revenue growth of 4%-4.5% in constant currency with EBIT margins between 17%-18%.
12Jan 26
HCL Technologies Achieves Historic $15 Billion Revenue Milestone Driven by AI Solutions Growth
HCL Technologies has reached a historic milestone with annual revenue exceeding $15 billion for the first time. Company executives report ongoing growth in AI solutions and digital transformation programs, which are driving this strong performance. The achievement represents a significant milestone in the IT services provider's corporate history and demonstrates successful execution of its growth strategy in key technology segments.
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