However, once the macro situation improves and the IBM deal delivers on growth and margins, HCL Tech could be a good bet
Broadcom clients will now have access to HCL's technological expertise across consulting, implementation, upgrade and support services
Earnings before interest & tax (Ebit) stood at Rs 29.66 billion, up 8.7 per cent on QoQ basis and 21 per cent YoY.
Analysts say investors can easily give this one a miss
Aggarwal has over 27 years of industry experience in finance. He has worked with Hindustan Unilever, GECIS/Genpact, among others
The company is also carrying out a mega recruitment drive at its Noida campus on August 4-5 under the programme
HCL Tech Q1 profit up 10% to Rs 24.31 bn, revenue grows 14% to Rs 138 bn
HCL had reported profits of Rs 2053 crore on revenue of Rs 11626 crore in the same period last year.
On cyber security business, the company has seen a good uptick and may spin it off into a separate business unit
Results short of estimates; pressure in financials, application services could continue as overhang