Shares of HCL Technologies remained largely flat during Monday’s trading session as investors braced for the company’s second-quarter financial results announcement, scheduled for later in the day. At one point, the share price dipped to an intra-day low of ₹1476.30 before recovering slightly. By 12:42 PM, the stock was trading at ₹1490.70, reflecting a marginal decline of 0.27 percent from the previous close.
In recent weeks, HCL Technologies has seen a gain of nearly 4 percent over both the past five sessions and the last six months. Despite this uptick, the stock has experienced a notable decline of 19.72 percent over the past year, raising questions about its performance trajectory.
Looking ahead to the anticipated Q2 results for 2025, experts predict a mixed performance for the IT giant. Analysts expect moderate sequential revenue growth, primarily driven by the Banking, Financial Services, and Insurance (BFSI) as well as Hi-Tech segments. They forecast that both net profit and operating margins will show improvement on a quarter-on-quarter basis. Revenue is projected to increase between 3 and 5 percent year-on-year in constant currency terms. EBIT margins are also expected to expand, despite the pressure from ongoing investments related to Generative AI, increased selling, general, and administrative expenses, and restructuring costs.
Key areas of focus for investors will be HCL Technologies’ outlook on its services and Engineering Research and Development (ERD) business segments, the current deal pipeline, trends in discretionary spending, and advancements in AI adoption.
In terms of trading strategy, Anuj Gupta, Director at Ya Wealth Research and Advisory, advised investors to consider buying the stock on dips in the range of ₹1440 to ₹1450. He highlighted a stop-loss level of ₹1424 and set an upward target between ₹1600 and ₹1620. Gupta noted that the stock had increased by 7.32 percent last week and is currently fluctuating above its four-week high. While a breakout pattern has emerged on the charts, the stock has yet to surpass a crucial resistance level at ₹1,530. He indicated that sustaining trade above this mark could spur a rally towards the ₹1,600 to ₹1,620 range. Moderate trading volumes have accompanied the stock, which shows robust support around ₹1,300, according to Gupta’s analysis.
Investors are encouraged to consult certified experts before making any financial decisions, as these insights reflect the views of individual analysts and brokerage firms rather than authoritative investment advice.
