HCL Tech shares jump 4% to lead Nifty gainers as strong Q2 earnings, AI growth lift sentiment
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- ✓HCL Technologies shares jumped 4 percent on Tuesday, leading Nifty gainers after strong fiscal second quarter earnings.
- ✓The company reported a net profit of Rs 5,132 crore and significant AI revenue growth.
- ✓While many brokerages remain divided on the stock, HCLTech also raised its FY27 revenue growth guidance for investors.
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HCL Technologies shares surged 4 percent in early trade on Tuesday, emerging as the top gainer on the Nifty 50 after the IT services major reported strong fiscal second quarter earnings, robust artificial intelligence (AI) revenue growth and large deal wins. The company also raised the lower end of its FY27 revenue growth guidance, although brokerages remain divided over the stock's upside potential.
HCLTech shares climbed to Rs 1,272, compared with Monday's closing price of Rs 1,223. Despite Tuesday's rally, the stock remains down 22.2 percent so far in 2026, against a 14.2 percent decline in the Nifty 50. The company's market capitalisation stood at Rs 3.45 lakh crore.
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