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Stocks to Watch today: Airtel, Adani Power, Vedanta, Rajesh Exports, IRFC
Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.
HCL Tech Share Price Live Updates: HCL Tech experiences a decline in returns
JPMorgan turns cautious on IT, sees growth headwinds ahead
JPMorgan anticipates challenges for Indian IT firms over the next two years, citing uncertain demand and a mix of technology and economic headwinds. The brokerage has downgraded several stocks, including HCL Technologies and Wipro, due to current valuations not reflecting these concerns. Analysts foresee reduced revenue growth forecasts for FY27, with a softer start to the year impacting the usual first-half strength.
Stocks to Watch Today: HCL Tech, Bharti Airtel, Avience Biomedicals, Delhivery, Pine Labs, NLC India,... - Moneycontrol.com
Stocks to Watch Today: HCL Tech, Bharti Airtel, Avience Biomedicals, Delhivery, Pine Labs, NLC India,...Moneycontrol.com
Stocks to Watch for June 25: Bharti Airtel, IRFC, RIL, HCL Tech and more
IRFC, HCLTech, Reliance Industries, Bharat Forge and other stocks will be on investors' radar on Thursday, June 25, following a series of corporate announcements and strategic developments.
HCLTech signs AI-focused deals with Nokia and renewable fuels firm Neste
HCLTech has announced two new partnerships aimed at expanding its AI-led business. The company will work with Nokia on AI-driven network automation for telecom operators and help Finland-based Neste improve efficiency through artificial intelligence and IT transformation.
HCLTech, Wipro Ratings Slashed By JPMorgan, Says AI Boom Not Translating Into IT Growth Yet
The brokerage downgraded HCL Technologies, Wipro and Tata Technologies to Underweight from Neutral, while cutting their target prices. JPMorgan lowered its target on HCL Tech to Rs 1,000 from Rs 1,370, cut Wipro's target to Rs 160 from Rs 200 and reduced Tata Technologies' target to Rs 540 from Rs 560.
Three IT stocks get downgraded by JPMorgan; Check lowered price targets and top picks
JPMorgan said India's IT services sector faces an uncertain demand environment from an unprecedented confluence of technology and business cycle headwinds from GenAI-led deflation and geopolitics. Therefore, it has gone on to downgrade the ratings on HCLTech, Wipro and Tata Technologies.
HCLTech, Circles and GreySkies join TM Forum Catalyst Program for AI telecom framework
Shares of HCL Technologies Ltd ended at ₹1,109.90, down by ₹20.20, or 1.79%, on the BSE.
Nifty IT index slips 2%; TCS, Infosys, HCL Tech, LTM, Wipro down up to 3%
In the past three weeks, the Nifty IT index tanked 13 per cent, as against 2 per cent rise in the Nifty 50.
Infosys, TCS, HCLTech And Other IT Stocks Under Pressure On Weak Global Tech Cues
Back home, IT stocks traded mostly lower, with Infosys emerging as the top laggard, falling 2.22% to a current trading price of Rs 1,041.80. Tata Consultancy Services (TCS) declined 1.39% to Rs 2,098.20, while HCL Technologies slipped 1.24% to Rs 1,116.50.
