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Stocks to Watch for April 22: HCLTech, Persistent systems, Trent, Tata Elxsi and more
From HCLTech reporting Q4FY26 results and declaring a ₹24 interim dividend to Tata Elxsi posting strong sequential growth, here are stocks to watch ahead of Wednesday’s session, including BEML, Trent, JSW Energy and more.
HCLTech headcount rises in Q4; fresher hiring slows, attrition eases
HCLTech reported a rise in headcount in Q4FY26 with net additions of 802 employees, even as fresher hiring slowed and attrition eased, reflecting cautious hiring amid weak demand conditions.
HCL Tech sees 1–4% revenue growth in FY27; Q4 profit rises 4%
HCL Technologies results: HCLTech has guided for a weaker-than-expected FY27, projecting revenue growth of 1%–4% in constant currency, below Street estimates, after a subdued March quarter. For FY26, revenue rose 11.2% YoY to ₹1.30 lakh crore, while net profit declined 4.3% to ₹16,652 crore.
HCLTech declares ₹24 interim dividend for FY27; record date April 25
Shares of HCL Technologies Ltd ended at ₹1,441.55, up by ₹13.20, or 0.92%, on the BSE.
HCLTech Q4 Preview: Software business seasonality may drag constant currency growth; Guidance key
Management has indicated that artificial intelligence could lead to 2%-3% gross deflation, but expects this to be offset by higher volumes and increased deal share.
IT stocks barring Wipro fall up to 4% on renewed AI fears; Here are some recent developments
The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro have gained between 9% to 10% so far in April.
TCS, Infosys to HCL Tech: IT stocks Q4 earnings start today - Is this the right time to buy?
As the IT sector heads into earnings season, brokerages favor HCL Tech and Tech Mahindra. TCS is anticipated to post solid quarterly results, while cautious investor sentiment prevails due to potential demand pressures and AI disruption concerns.
HCLTech set to cut 120 jobs at Orlando site amid client rampdown
The planned layoffs are part of an operational restructuring linked to a client project wind-down at the Orlando site. HCL said the impacted staff may be considered for redeployment based on how their skill sets fit. Shares of the Noida-headquartered company ended ₹1,440.50 apiece, up 2.65% today, April 7.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers
On April 6, the Indian stock market gained, with the Nifty 50 up 0.68% to 23,123 and the S&P BSE Sensex rising 0.69% to 74,616. Nifty IT led sector gains at 2.5%, while PSU banks fell by 0.72%. Investors await the RBI policy decision.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers - Mint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainersMint
Nifty IT lags again after sharp fall, but March stability raises hope worst may be priced in
Abhishek Pathak of Motilal Oswal prefers HCLTech and Tech Mahindra among large-cap IT stocks, while highlighting Coforge and Mphasis as attractive midcap picks, citing strong deal visibility, better valuations, and higher agility in adapting to AI-led changes.
