business / news / / The Economic Times
Shares of HCL Tech plunged as much as 9.58% to the day’s low of Rs 1,303 on the NSE on Wednesday.
HCL Tech missed its FY26 revenue growth guidance, delivering 3.9% versus projected 4%-4.5%.
KEY POINTS
- FY27 guidance is for muted 1%-4% constant currency revenue growth, below street expectations.
- Reduced discretionary spending by two large US telecom clients led to weaker Q4 and outlook.
- Cancellation of two SAP projects further impacted revenue and margins for the quarter.
COMPANIES
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