HCL Tech
Frontline IT firms face margin headwinds in Q1: Centrum
Tue, Aug 20, 2019
Tier 1 IT services, or the frontline stocks, delivered a mixed performance in the first quarter (Q1) ending June, where HCL Tech and Tech M did well in revenue, both missing margin estimates, said brokerage firm Centrum.
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Sensex slips 184 pts, Nifty ends at 12,022 ahead of RBI policy
Tue, Jun 04, 2019
Benchmark indices ended Tuesday's session with losses, weighed down by tech stocks, as investors booked profit after both Sensex and Nifty's close at heady heights in the previous session. The S&P BSE Sensex slipped 184 points, or 0.46 per cent, to 40,084, with Hero MotoCorp, HCL Tech, TCS, Asian Paints, and IndusInd Bank leading the list of losers. Out of the 30 BSE constituents, 16 ended the day in the red. The broader Nifty50 index slumped 67 points to 12,022. The market breadth was in favour of sellers. About 990 stocks declined and 789 shares advanced on the NSE.
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Jobs 2018: HCL Tech announces 5,000 vacancies, all set to hire in smaller cities too
Thu, Aug 02, 2018
Jobs 2018: IT services firm HCL Technologies today said it expects to hire about 5,000 people this year as part of its 'New Vistas' programme, under which it is setting up centres in smaller cities like Lucknow and Madurai. This, according to the company, will help stem attrition and bring more stability to operations.
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Fortis Healthcare, HCL Tech among top five stocks hogging limelight today
Fri, Jul 13, 2018
HCL Tech: Indian IT company HCL Technologies today said its board has approved up to Rs 4,000 crore buyback plan, involving up to 3.63 crore shares at a price of Rs 1,100 per equity share. The buyback price translates into a 9.4 per cent premium over Thursday's closing price of HCL Tech shares.
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After TCS, HCL Tech to consider share buy-back; stock spikes 4%
Tue, Jul 10, 2018
The announcement comes within a month of TCS, the country's largest software services exporter, declaring a Rs 16,000 crore share buy-back programme. It has offered to buy back shares at a premium of over 15 per cent, at Rs 2,100 a share.
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Attractive investment ideas: Five stocks where promoters hiked stake
Fri, Jun 22, 2018
Checking out promoter holding and thus making an investment decision has long been a handy tool for stock market investors. Zee Business has compiled following five stocks that have not only seen an increase in promoter holding recently, but also are available at attractive valuations
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Edelweiss Securities 'most bullish in a decade' over this sector; see if you can benefit
Mon, Apr 16, 2018
Edelweiss conviction is based on rising number and size of digital deals, recovery of spends in BFSI, retail and utilities verticals, which contribute nearly 53 per cent to Indian IT services’ revenues; and front-ending of local hiring mitigating dependency on US H1B visas.
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How a stronger Indian Rupee can hamper your career in India's IT sector
Fri, May 19, 2017
Samir Tripathi, analyst, ICICI research said, “Overall Rupee trajectory over a one year time frame is expected to be stronger than the one-year forward rates. From medium term perspective, we expect rupee to trade around 65.50 levels by March 2018 – with a variation of around 2%.”
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