HCL Technologies declines despite reporting 6% rise in Q3 consolidated net profit
HCL Technologies is currently trading at Rs. 1806.15, down by 179.10 points or 9.02% from its previous closing of Rs. 1985.25 on the BSE.
The scrip opened at Rs. 1939.95 and has touched a high and low of Rs. 1939.95 and Rs. 1798.40 respectively. So far 114857 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2011.00 on 13-Jan-2025 and a 52 week low of Rs. 1235.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 2011.00 and Rs. 1798.40 respectively. The current market cap of the company is Rs. 489925.10 crore.
The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.47% and 4.72% respectively.
HCL Technologies has reported 5.29% rise in its net profit at Rs 3,526 crore for third quarter ended December 31, 2024 (Q3FY25) as compared to Rs 3,349 crore for the same quarter in the previous year. Total income of the company increased by 6.46% at Rs 13,618 crore for Q3FY25 as compared to Rs 12,792 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 5.58% rise in net profit at Rs 4,594 crore for Q3FY25 as compared to Rs 4,351 crore for the same quarter in the previous year. Total income of the company increased by 5.38% at Rs 30,367 crore for Q3FY25 as compared to Rs 28,816 crore for the corresponding quarter previous year.
