The HCL Tech share price saw a positive reaction in the stock market today after the company released its Q2 FY26 earnings, sparking fresh interest from market participants tracking large-cap IT names.
Market Performance
The stock opened firm and extended gains in early trade, climbing over 2% to ₹1,534.65 apiece on the BSE. The movement came right after the earnings announcement, indicating investor focus shifting towards quarterly numbers.
Despite recent volatility, long-term performance remains mixed:
- 1-month: +4%
- 3-months: -6%
- 6-months: +10%
- Year-to-date (YTD): -20%
- 3-year return: +52%
- 5-year return: +71%
The price data reflects how HCL Tech share price has swung between sharp corrections and consistent recovery phases, mirroring sector-wide sentiment in the IT space.
Main News: Q2 Results Trigger Stock Action
The key trigger behind today’s move was the Q2 FY26 financial update. HCL Technologies, India’s third-largest IT services provider, posted steady growth across revenue and profitability metrics.
Company Financials – Q2 FY26 Snapshot
Here’s how the quarter looked in numbers:
- Net Profit: ₹4,236 crore (vs ₹3,843 crore in Q1) — Up 10.2% QoQ
- Revenue: ₹31,942 crore (vs ₹30,349 crore in Q1) — Up 5.2% QoQ
- Revenue in USD: $3,644 million (vs $3,545 million) — Up 2.8% QoQ
- Constant Currency Growth: 2.4%
- EBIT: ₹5,503 crore — Up 11.3% QoQ
- EBIT Margin: 17.25% — Improved by 95 bps
- Interim Dividend: ₹12 per share
The margin expansion and profit growth signal stronger operational efficiency during the quarter, even with a stable revenue trajectory.
Summary
The HCL Tech share price gained traction in the stock market today after the company delivered a 10.2% profit growth and 5.2% revenue expansion in Q2. With EBIT margins at 17.25% and consistent cash returns via dividend, the update reinforced confidence in the company’s execution strength.
Investors will now be watching whether the stock sustains momentum or consolidates after the initial reaction. For now, the numbers have done the talking — and the market has responded.
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