HCL Tech shares fall 2% on weak Q1 numbers. How to trade stock now?

July 13, 2023

HCL Technologies reported a nearly 8% year-on-year (YoY) rise in consolidated net profit for the June quarter to Rs 3,534 crore. This was lower than the ET Now poll estimate of Rs 3,792 crore. Consolidated revenue grew 12% YoY to Rs 26,296 crore, and was also a tad below the estimated Rs 26,810 crore.

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