In addition, HCLTech’s operating margin (EBIT margin) expanded significantly by 130 basis points sequentially to 19.8%. This compares with the contraction reported by Infosys and Wipro and an expansion in TCS margin after excluding one-off items.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to