Revenue grows 19.5% to Rs 24,686 crore in Q2
VV Apparao, who has worked as the company's Chief Human Resources Officer (CHRO) since 2017, will now take over as the chief delivery officer for nearshore.
The new centre in Guadalaraja will enable the company to serve its local and international client base across industries
IT company HCL Tech plans to hire 1,000 people in Brazil in the next two years and will also open a new technology centre in Campinas, the company said on Tuesday. HCL Tech is scaling up its operations to serve its growing local and global client base across industries. "Our commitment to Brazil is part of our long-term strategic plan in the country, which includes supercharging progress for our clients, partners, people and communities in this region of significant importance," HCL Tech, Chief Growth Officer, Americas and Executive Sponsor, Brazil, Anil Ganjoo said. The company will hire local IT talent to develop and deliver next-generation technology solutions and services across digital, engineering and cloud.
HCL Tech had a total contract value (TCV) of new deals worth $2 billion, a growth of 23.4 per cent YoY
Overall, the Nifty IT index has declined 19 per cent from its historic peak of 39,446 recorded in early January, 2022. Charts indicate 31,000 to 30,000 as the accumulation range for the index.
IT services company HCL Technologies on Monday said it has been selected to provide global service desk and on-site support to global healthcare company Novo Nordisk
HDFC Bank and HCL Technologies are likely to react to Q3 numbers this morning. While the former reported 18 per cent YoY growth in net, the latter too beat Street expectations.
The underneath strength, preferably read as price action, has been able to hold ground around the major neckline supports for these stocks
HCL Technologies and D-Mart need to make a decisive break above near term resistance levels for further up move, while HDFC Bank may rally up to Rs 2,000 provided it sustains above Rs 1,650-level
FY22 guidance update, outlook on ER&D and products business, deal TCVs and pipeline, and recent acquisitions are some of the key monitorables
Most IT stocks have seen sharp correction post Q2 results. However, the medium-term outlook stays bullish as per their respective technical charts.
HCL founder-chairman Shiv Nadar was speaking at a Vijaydashmi event organised by RSS
Hot stocks to lookout for today: HCL Tech, Coal India, Hindalco
The stock has absorbed all the selling pressure in the range of Rs 760 - Rs 770 and is ready for a fresh upside. Although it witnessed mild selling above Rs 800, the overall trends still looks bullish
Vijayakumar had been elevated to the role of COO in July this year, besides heading infrastructure services
With over 900 engineers and seven design centres in the US, Butler Aerospace has a marque list of clients
HCL's cash and cash equivalents stood at Rs 1,242.8 crore at the end of September 30, 2016
HCL's cash and cash equivalents stood at Rs 1,242.8 crore at the end of September 30, 2016