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Technical Analysis, Share Price Target, Support, Resistance, Charts of HCL TECHNOLOGIES

Latest Updates on HCL Technologies

On January 31, 2017 HCL Technologies and other IT companies witnessed sharp selling pressure due to Trump government tables new H-1B bill, if this bill passes then it will tough future for IT companies.

Today HCL Tech opened 835.25 made an intraday high 837.30 after that made a low 787.10 and closed 811.15, down by -3.46% (-29.10) at NSE. Its other peers INFY (-2.19%), TCS (-4.42%),  Tech Mahindra (-4.11%) and Wipro (-1.66%).

On January 24, 2017 HCL Technologies comes up with its Q3 numbers ending December 2016. HCL Technologies posted net profits of Rs. 2070cr as rise of 2.6% compare with September ending quarter 2016.
Company posted better results that expected. If we compare with last year Q3 numbers ending 2015 then their is a rise of 7.8%. HCL Tech has also said that it is also extended its partnership with IBM and will invest $155 million.