
HCL Technologies (HCLTech) has announced its Q2 results for the fiscal year 2024-25, reporting strong performance in its software business. The company declared an interim dividend of Rs 12 per share and has fixed the record date for the dividend. HCLTech also raised the lower end of its FY25 revenue growth guidance to a range of 3.5% to 5%. Additionally, the company plans to implement a 7% salary hike in October, with top performers receiving up to 15%. Following the positive results, HCLTech shares hit a lifetime high of Rs 1,882, up 1.4% on the BSE. Brokerages have responded positively, with Nuvama maintaining a 'Buy' rating and increasing the target price to Rs 2,125 from Rs 2,020. The company also reported a 1.6% QoQ revenue growth in constant currency, driven by strong IT Services performance.

HCL Tech Shares Gain As Q2 Earnings Beat Street Expectations; Should You Buy, Sell Or Hold? #StockMarketUpdate https://t.co/G3SBBUDws3
#MarketsWithBS | #HCLTech shares hit a lifetime high of Rs 1,882, up 1.4% on the #BSE, following stellar #Q2FY25 results. Brokerages highlighted a 1.6% QoQ revenue growth in constant currency, driven by strong IT Services performance @Leo__tweets #Q2Results… https://t.co/1RgmUotqwN
HCL Tech Share Price Target 2024: 600% DIVIDEND announced! BUY, SELL or HOLD after Q2 FY2024-25? https://t.co/jOx6vBtWaq