HCLTech tumbles 3% after Q1: Two brokerages recommend ‘Buy’ but one sees 10% downside
HCL Technologies' Q1FY27 earnings show a 20.34% rise in net profit and 14% increase in revenue. The company declared an interim dividend and maintained full-year guidance. However, stock saw a 3% drop due to concerns over valuation, with JM Financial giving a "Reduce" rating. Analysts at Motilal Oswal and Nomura remain optimistic. Investors should weigh these factors before investing.