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.
Global Market Today: Asian stocks, bonds gain as oil extends decline
MSCI’s regional equities gauge advanced 0.3% with South Korea’s Kospi index leading gains. That came after the S&P 500 Index rose 1.1% on Thursday, its