HCL Technologies falls nearly 3% ahead of earnings announcement today

HCL Technologies falls nearly 3% ahead of earnings announcement today

HCL Technologies’ proportion rate fell almost three percentage intraday to Rs 1,296.ninety five in advance of the firm’s December area profits declaration today.

Brokerages count on HCL Technologies to document 4 percentage on-area boom in consolidated internet income at round Rs three,400-three,500 crore. They see consolidated sales developing 5 percentage to round Rs 21,500-22,000 crore.

The organization had registered consolidated income of Rs three,977 crore on consolidated sales of Rs 19,302 crore withinside the corresponding length of the preceding monetary year.

It had recorded consolidated income of Rs three,264 crore on consolidated sales of Rs 20,655 crore withinside the preceding area of the contemporary monetary year.

At 09:27 hrs HCL Technologies become quoting at Rs 1,302.25, down Rs 31, or 2.33 percentage, at the BSE.

The proportion touched a 52-week excessive of Rs 1,377 and a 52-week low of Rs 890 on 24 September and 24 February respectively.

Currently, it’s far buying and selling 5.forty three percentage underneath its 52-week excessive and 46.32 percentage above its 52-week low.

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