HCL Tech shares rise ahead of Q1 results; can the IT giant beat street expectations?
Mumbai/IBNS, July 13 -- Shares of HCL Technologies rose in early trade on Monday ahead of the company's announcement of its financial results for the first quarter of FY27, media reports said.
Brokerage firm Axis Securities has projected a quarter-on-quarter revenue growth of 3.5 percent for HCL Technologies in the June quarter.
However, the brokerage expects the company's EBIT margin to decline by 40 basis points sequentially, citing restructuring costs and higher investments.
According to Axis Securities, key aspects that investors should monitor in the company's earnings announcement include:
Published by HT Digital Content Services with permission from India Blooms....
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