HCL Tech shares fell over 3% despite reporting a 20% YoY rise in Q1FY27 consolidated net profit to Rs 4,624 crore and a 13% increase in revenue to Rs 34,579 crore. The IT major retained its FY27 constant currency guidance, forecasting 1-4% revenue growth, 1.5-4.5% services revenue growth, and an EBIT margin of 17.5-18.5%, disappointing investors.
Vijay Kedia’s new smallcap bet revealed; FIIs raise stake, stock up 15% in one month
Kedia Securities, backed by ace investor Vijay Kedia, acquired a fresh 1.45% stake in smallcap engineering firm Eimco Elecon during the June 2026 quarter. The