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HCL Tech jumps 5%

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HCL Tech jumps 5%
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16 July 2024 10:15 AM IST

New Delhi: Shares of IT services company HCL Technologies on Monday morning climbed nearly 5 per cent after the company posted a 20.4 per cent rise in consolidated net profit at Rs 4,257 crore for the June-ended quarter and gave a revenue growth guidance of 3-5 per cent for FY25.

The stock rallied 4.83 per cent to Rs1,635.85 on the BSE. At the NSE, it jumped 4.88 per cent to Rs1,636.40 a piece. The company’s market valuation went up by Rs12,157.22 crore to Rs 4,35,597.52 crore during early deals.

The stock emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. The 30-share BSE Sensex climbed 290.46 points to 80,809.80 in early trade. The NSE Nifty rallied 95.85 points to hit a new record peak of 24,598.

HCL Technologies IT services net profit revenue growth guidance BSE NSE stock market Sensex Nifty 
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