Deal wins hint at healthy FY22 for HCL Tech
HCL Tech bagged a record $3.1 billion worth of new deals in the March quarter, a 49 per cent year-on-year increase.
Synopsis
The country’s third-largest software exporter also increased the quarterly dividend payout for the second time in a year while declaring a one-time special dividend.
ET INTELLIGENCE GROUP: HCL Technologies reported a strong and sustained trend in new order wins for the March quarter and added record number of employees amid decelerating attrition rate.
The country’s third-largest software exporter also increased the quarterly dividend payout for the second time in a year while declaring a one-time special dividend. These factors should support the stock in the medium term even though the company’s net