HCL Tech: Citigroup on HCLTech Neutral with Target Price ₹1,385 (cut) as weak 4Q with revenue, deal TCV and growth outlook below expectations, muted 1-4% CC revenue guidance, flat TTM TCV (+1% YoY), limited headcount growth (+1.7% YoY), telecom discretionary spend cuts and SAP program discontinuation, leading to 1-2% EPS cuts though medium-term positioning remains relatively better.

 22 Apr 2026 08:56 AM

HCL Tech: Citigroup on HCLTech Neutral with Target Price ₹1,385 (cut) as weak 4Q with revenue, deal TCV and growth outlook below expectations, muted 1-4% CC revenue guidance, flat TTM TCV (+1% YoY), limited headcount growth (+1.7% YoY), telecom discretionary spend cuts and SAP program discontinuation, leading to 1-2% EPS cuts though medium-term positioning remains relatively better.

HCLTech: HSBC on HCLTech Hold with Target Price ₹1,480 (cut from ₹1,560) as sharp 4Q miss driven by budget cuts at top US telecom clients and SAP project cancellations, leading to weaker FY27 growth outlook with earnings and stock returns unlikely to compound at double-digit levels.

 22 Apr 2026 08:56 AM

HCLTech: HSBC on HCLTech Hold with Target Price ₹1,480 (cut from ₹1,560) as sharp 4Q miss driven by budget cuts at top US telecom clients and SAP project cancellations, leading to weaker FY27 growth outlook with earnings and stock returns unlikely to compound at double-digit levels.

HCLTech: JPMorgan on HCLTech Neutral with Target Price ₹1,370 (cut from ₹1,419) as 4Q missed on revenue, margins and EPS due to US telco discretionary cuts, SAP cancellations and geopolitical weakness in software, with softness likely into FY27, organic growth guidance cut to 1-4% and FX gains reinvestment in sales & GenAI limiting margin expansion.

 22 Apr 2026 08:56 AM

HCLTech: JPMorgan on HCLTech Neutral with Target Price ₹1,370 (cut from ₹1,419) as 4Q missed on revenue, margins and EPS due to US telco discretionary cuts, SAP cancellations and geopolitical weakness in software, with softness likely into FY27, organic growth guidance cut to 1-4% and FX gains reinvestment in sales & GenAI limiting margin expansion.

HCLTech: Nomura on HCLTech Buy with Target Price ₹1,600 (cut from ₹1,700) despite all-round 4QFY26 miss and disappointing FY27 guidance, with margin normalisation expected and FY27-28 EPS cut by 5-7% due to lower growth outlook.

 22 Apr 2026 08:56 AM

HCLTech: Nomura on HCLTech Buy with Target Price ₹1,600 (cut from ₹1,700) despite all-round 4QFY26 miss and disappointing FY27 guidance, with margin normalisation expected and FY27-28 EPS cut by 5-7% due to lower growth outlook.

HCLTech: CLSA on HCLTech Outperform with Target Price ₹1,519 despite disappointing 4Q with sharp revenue and deeper margin miss, weak order book, 6% EBIT/PAT miss, weak FY27 guidance, limited AI-deflation offset visibility, and softness in telco discretionary demand and US government renewals impacting outlook.

 22 Apr 2026 08:56 AM

HCLTech: CLSA on HCLTech Outperform with Target Price ₹1,519 despite disappointing 4Q with sharp revenue and deeper margin miss, weak order book, 6% EBIT/PAT miss, weak FY27 guidance, limited AI-deflation offset visibility, and softness in telco discretionary demand and US government renewals impacting outlook.

HCLTech: Motilal Oswal on HCLTech Buy with Target Price ₹1,650 (cut from ₹1,700) as soft FY27 guidance after muted Q4, client-specific issues and AI-led deflation weigh on outlook, with ~4% USD revenue CAGR and ~17.9% EBIT margins expected while growth premium narrows and FY27/FY28 estimates trimmed by 2.5%/4.2%.

 22 Apr 2026 08:56 AM

HCLTech: Motilal Oswal on HCLTech Buy with Target Price ₹1,650 (cut from ₹1,700) as soft FY27 guidance after muted Q4, client-specific issues and AI-led deflation weigh on outlook, with ~4% USD revenue CAGR and ~17.9% EBIT margins expected while growth premium narrows and FY27/FY28 estimates trimmed by 2.5%/4.2%.

HCLTech: Kotak Securities on HCLTech Reduce with Target Price ₹1,370 (cut from ₹1,425) as all-round 4Q miss, client-specific issues and project pull-backs led to weaker FY27 guidance, with AI-led deflation and tougher demand environment weighing on growth outlook.

 22 Apr 2026 08:56 AM

HCLTech: Kotak Securities on HCLTech Reduce with Target Price ₹1,370 (cut from ₹1,425) as all-round 4Q miss, client-specific issues and project pull-backs led to weaker FY27 guidance, with AI-led deflation and tougher demand environment weighing on growth outlook.

HCLTech: Morgan Stanley on HCLTech Equal-weight with Target Price ₹1,410 (cut from ₹1,760) as growth convergence to peers may normalize P/E premium, macro volatility and client-specific risks persist, AI-led deflation impacts core business growth, and currency gains to be reinvested delaying margin expansion.

 22 Apr 2026 08:56 AM

HCLTech: Morgan Stanley on HCLTech Equal-weight with Target Price ₹1,410 (cut from ₹1,760) as growth convergence to peers may normalize P/E premium, macro volatility and client-specific risks persist, AI-led deflation impacts core business growth, and currency gains to be reinvested delaying margin expansion.

HCLTECH: CO DIVIDEND OF 24 RUPEES PER SHARE

 21 Apr 2026 06:23 PM

HCLTECH: CO DIVIDEND OF 24 RUPEES PER SHARE

HCLTech: CLSA on HCLTech Upgrade to Outperform, Target Price Rs 1524 as early AI partnerships including OpenAI, strong cost-optimisation demand amid Middle East uncertainty and expected 4.8% FY27 organic CC growth position it as fastest-growing large-cap IT services firm.

 01 Apr 2026 09:12 AM

HCLTech: CLSA on HCLTech Upgrade to Outperform, Target Price Rs 1524 as early AI partnerships including OpenAI, strong cost-optimisation demand amid Middle East uncertainty and expected 4.8% FY27 organic CC growth position it as fastest-growing large-cap IT services firm.

HCLTECH: HCL America Pays Off $252.21 Million In Senior Unsecured Notes, Parent Guarantee Will Be Released.

 19 Mar 2026 08:35 PM

HCLTECH: HCL America Pays Off $252.21 Million In Senior Unsecured Notes, Parent Guarantee Will Be Released.

HCL Technologies Ltd: Chosen As Launch Partner For AWS European Sovereign Cloud, Helping Clients Fulfill Data Residency Needs With Enhanced Security And Flexibility. The Company Was Selected For Its Skill In Handling Regulated Workloads Throughout Europe.

 18 Mar 2026 02:05 PM

HCL Technologies Ltd: Chosen As Launch Partner For AWS European Sovereign Cloud, Helping Clients Fulfill Data Residency Needs With Enhanced Security And Flexibility. The Company Was Selected For Its Skill In Handling Regulated Workloads Throughout Europe.

HCLTECH: HCLSoftware Finishes Buying AI Data Analyst Startup Wobby

 20 Feb 2026 06:52 PM

HCLTECH: HCLSoftware Finishes Buying AI Data Analyst Startup Wobby

HCL TECH: HAESL Chooses HCLTECH To Enhance Aviation Maintenance Processes

 04 Feb 2026 08:44 AM

HCL TECH: HAESL Chooses HCLTECH To Enhance Aviation Maintenance Processes

HCLTECH: Company Teams Up With Guardian To Speed Up AI-Powered Tech Changes

 28 Jan 2026 08:21 PM

HCLTECH: Company Teams Up With Guardian To Speed Up AI-Powered Tech Changes

HCLTECH: Company Teams Up With Carahsoft To Speed Up Digital Changes For U.S. Government

 20 Jan 2026 07:33 PM

HCLTECH: Company Teams Up With Carahsoft To Speed Up Digital Changes For U.S. Government

HCLTECH: Focuses On India As A Key Growth Market By Appointing Veteran Sandeep Saxena To Enhance Business Leadership

 14 Jan 2026 06:59 PM

HCLTECH: Focuses On India As A Key Growth Market By Appointing Veteran Sandeep Saxena To Enhance Business Leadership

HCLTECH: Co Executive Claims Tech Spending Basics Are Steady Despite Economic Doubts, Looking To Acquire Fast-Growing Early-Stage Software Startups

 12 Jan 2026 06:31 PM

HCLTECH: Co Executive Claims Tech Spending Basics Are Steady Despite Economic Doubts, Looking To Acquire Fast-Growing Early-Stage Software Startups

HCLTECH: Co Executive Sees Little Additional Costs From New Labor Regulations

 12 Jan 2026 06:32 PM

HCLTECH: Co Executive Sees Little Additional Costs From New Labor Regulations

HCLTECH: Company Executive Sees Ongoing Growth in AI Solutions And Transformation Programs, Reports Annual Revenue Exceeding $15 Billion For The First Time

 12 Jan 2026 06:24 PM

HCLTECH: Company Executive Sees Ongoing Growth in AI Solutions And Transformation Programs, Reports Annual Revenue Exceeding $15 Billion For The First Time