HCLTech Share Price Spikes After Q2 Results: A Detailed Analysis
HCLTech Ltd.’s share price rose nearly 3% on Tuesday after the company reported a 5.2% year-on-year increase in revenue, reaching Rs 31,942 crore, slightly above the estimated Rs 31,472 crore. Net profit rose 10% to Rs 4,235 crore, nearly matching the projected Rs 4,236 crore.
Key Takeaways from HCLTech’s Q2 Results
Earnings before interest and taxes grew 11% to Rs 5,502 crore, beating the estimate of Rs 5,343 crore. The company’s operating margin improved to 17.2%, up from 16.3% last year and ahead of the estimated 16.47%. The management revised service revenue guidance to 4–5% (from 3–5%) while EBIT and revenue guidance were maintained.
The company net added employees, and attrition fell to 12.6%. The company expressed confidence in AI-led growth and noted that over $100 million in revenue came from advanced AI, with nearly all Q2 deals including AI. For more information on Artificial Intelligence in Stock Market, visit our website.
HCLTech’s Dividend Announcement
The company also announced its second interim dividend of Rs 12 on Monday after declaring its second-quarter earnings for fiscal 2026. The dividend will be paid to the shareholders on Oct. 28. The record date for determining those who will be eligible for the dividend payouts is Oct. 17.
For investors looking to learn more about Dividend Investing Strategy, we have a comprehensive guide available on our website.
Market Reaction and Analysts’ Views
The scrip rose as much as 2.70% to Rs 1,535 apiece. It pared gains to trade 1.80% higher at Rs 1,521.60 apiece, as of 09:33 a.m. This compares to a 0.22% advance in the NSE Nifty 50 Index.
Out of 48 analysts tracking the company, 22 maintain a ‘buy’ rating, 18 recommend a ‘hold,’ and seven suggest ‘sell,’ according to Bloomberg data. The average 12-month consensus price target implies an upside of 7.2%. To learn more about Technical Analysis of Stocks, visit our website.
What This Means for Indian Investors and Traders
For Indian investors and traders, HCLTech’s Q2 results and dividend announcement are significant developments. The company’s strong revenue growth and improved operating margin are positive signs for the stock’s future performance. However, investors should also consider the current market trends and Stock Market News Today before making any investment decisions.
Additionally, investors can learn more about How to Invest in Stock Market and Stock Market Tips for Beginners on our website.
Conclusion
In conclusion, HCLTech’s Q2 results are a positive sign for the company’s future growth. With a strong revenue growth and improved operating margin, the company is well-positioned to take advantage of the growing demand for AI-led services. However, investors should always do their own research and consider multiple factors before making any investment decisions. For more information on Stock Market Analysis, visit our website.
