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Shares of India's HCL Technologies Ltd fell as much as 6.2% on Monday and were on track for their worst session since March 2020, as investors were disappointed by the company's margin outlook after wage hikes dented December-quarter results. ....
Shares of HCL Technologies dipped 2 per cent to Rs 1,007 on the BSE in early morning trade on Friday, down 5 per cent in the past three trading days, on account of profit booking after the company reported a 26.2 per cent quarter on quarter (QoQ) growth in consolidated net profit at Rs 3,969 crore in December quarter (Q3FY21) earlier today. The stock of the information technology (IT) consulting and software company hit a record high of Rs 1,073 on Wednesday, January 13, 2021. Despite the past three days of fall, the stock has outperformed the market in the last one month by surging 14 per cent as against a 7 per cent rise in the S&P BSE Sensex. ....