📰 ET Markets 🔴 BEARISH 🕒 13 Oct 2026, 07:24 AM IST

HCL Tech sees revenue rebound, but AI deflation remains a concern

⚡ Instant Key Takeaways (TL;DR)

🎯

Core Development: HCL Tech sees revenue rebound, but AI deflation remains a concern

📊

Market & Financial Impact: HCL Technologies recorded a 2% increase in revenue during the September quarter, following two quarters of decline. The company secured new deals worth $3,258 million, indicating strong demand despite global uncertainties. While there is cautious optimism regarding AI's impact, the overall revenue guidance remained largely unchanged. AI-related revenue for HCLTech reached an annualized $876 million, accounting for a significant portion of total revenue.

💡

Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

The 2% revenue growth, at $3,724 million, was driven by deal ramp-ups and contributions from acquired businesses.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Curbing rupee bets: What the RBI’s new rules mean for the hedge-now-or-wait question

Brinjal, buffalo, bacteria: Inside India’s pay-for-nature system

📰

Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

HCL Tech sees revenue rebound, but AI deflation remains a concern

🔥 More Live Market Stories

ABD: Can margin expansion withstand external pressures?

Buy, sell or hold HCLTech shares? AI growth, strong Q2 earnings offer upside potential, but there's a catch

IMF warns bond yields could see a 'disorderly' spike as debt, inflation risks worsen

UPL among 3 stocks that closed above VWAP on October 12

[KPIL] Bagging/Receiving of orders/contracts - Kalpataru Projects International Limited

Will Nifty extend loss on expiry day? Global markets weak | Opening Bell