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CNBC TV18 - Markets 80d ago
HCLTech shares fall 11% to a 52-week low, marking their worst single-day return in 11 years
According to Nuvama, HCLTech's weak guidance for FY27 now converges its growth differential with TCS and Infosys, which is likely to lead to convergence of their valuations. The brokerage has cut growth estimates and revised its USD-INR assumption to 93 from 88 earlier.
BAGDIGITALHCLTECHINFYNUVAMATCSFinancial ServicesInformation Technology