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IT Major HCL Tech Slides Over 2% Post June Quarter Outcomes

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At 11:10 am, HCL Tech shares shed 0.6 percent to Rs 974.15 on the BSE in a weak marketHCL Tech shares slid more than 2 percent on the BSE in a weak market a day after the business reported its results for the quarter ended June 2021.

HCL Tech reported a 9.9 per cent increase in combined net earnings to Rs 3,214 crore for the very first quarter ended June 2021.

At 11:10 am, HCL Tech shares shed 0.6 per cent to Rs 974.15 on the BSE.

The shares have actually touched an intra-day high of Rs 1008 and a low of Rs 972.40 therefore far.HCL Tech's first-quarter overall agreement value of brand-new deal wins rose 37 percent to $1,664 million from a year previously.

In consistent currency terms, the company's income in the June 2021 quarter grew 11.7 percent on a y-o-y basis.The IT significant stated that it anticipated revenues to grow in double digits in constant currency in the ongoing fiscal, driven by a strong offer pipeline.Meanwhile, the board of HCL Tech has stated an interim dividend of Rs 6 per share for the fiscal year FY22.The BSE Sensex was trading at 52,069.50, lower by 492 points or 0.93 per cent and the NSE Nifty was at 15.591.90, down 158.25 points or 1 percent at the time.




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