HCL Tech share price falls 3% despite strong Q1 results 2026: Should you buy, sell or hold the IT stock?
HCL Tech Q1 results, July 14 -- HCL Technologies share price declined over 3% to its day's low of Rs.1,183.00 per share on BSE on Tuesday, July 14, even after the IT major reported a strong performance for the quarter ended June 2026 (Q1FY27).
Its consolidated net profit rose 20.34% year-on-year (YoY) to Rs.4,626 crore, compared with Rs.3,844 crore in the corresponding quarter last year. On a sequential basis, the IT major's net profit increased 3% from Rs.4,490 crore reported in the March quarter (Q4FY26).
Revenue from operations grew 14% YoY and 1.8% quarter-on-quarter (QoQ) to Rs.34,579 crore during the June quarter, up from Rs.30,349 crore in Q1FY26 and Rs.33,981 crore in Q4FY26. In constant currency (CC) terms, revenue increased 2....
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