New Delhi, April 22 -- ================================================
HCL Technologies Ltd's weak growth outlook and client challenges in the fiscal elicited a cold reaction from investors a day after it announced its results.
The third-largest IT services company's shares fell almost 9.5% during market hours to Rs.1,304 on Wednesday, a day after the company announced its FY26 earnings. This marks its largest intra-day fall in more than a decade, according to a Mint analysis.
This makes HCLTech the third large homegrown tech services company after Tata Consultancy Services Ltd and Wipro Ltd to displease shareholders a day after earnings announcements, both of those companies ended with a full-year revenue decline.
Much of the sellof...
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