HCL Tech exceeded expectations in Q3FY25, reporting robust net profit and margin growth, despite slightly below-estimate dollar revenue growth. The company raised its FY25 revenue guidance and maintained a lead over TCS in revenue growth metrics.
ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate,