HCL Tech stock dips 3% even after Q1 earnings beat expectations

Shares of HCL Technologies fell by 3% to end the session at 1,184 on the National Stock Exchange, even though the company outperformed market forecasts. The software firm saw its consolidated net profit climb 20.34% compared to the previous year, reaching 4,624 crore for the opening quarter. Nevertheless, the share price declined as leadership stuck to a conservative revenue growth outlook of 1% to 4%.

by shortkt.com
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HCL Tech stock dips 3% even after Q1 earnings beat expectations | ShortKT