HCL Technologies Ltd Share Price – NSE /  BSE

IT - Software, Mid Cap

Hexaware Technologies Ltd, Transformers & Rectifiers India Ltd, Tata Elxsi Ltd and Persistent Systems Ltd are among the other losers in the BSE's 'A' group today, 22 April 2026.

HCL Technologies Ltd crashed 10.67% to Rs 1287.7 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 17.31 lakh shares were traded on the counter so far as against the average daily volumes of 1.95 lakh shares in the past one month.

Hexaware Technologies Ltd lost 6.83% to Rs 457.2. The stock was the second biggest loser in 'A' group.On the BSE, 81019 shares were traded on the counter so far as against the average daily volumes of 1.54 lakh shares in the past one month.

Transformers & Rectifiers India Ltd tumbled 6.78% to Rs 310.6. The stock was the third biggest loser in 'A' group.On the BSE, 16.85 lakh shares were traded on the counter so far as against the average daily volumes of 3.17 lakh shares in the past one month.

Tata Elxsi Ltd slipped 5.87% to Rs 4377.1. The stock was the fourth biggest loser in 'A' group.On the BSE, 71416 shares were traded on the counter so far as against the average daily volumes of 15781 shares in the past one month.

Persistent Systems Ltd dropped 4.97% to Rs 5070.2. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.54 lakh shares were traded on the counter so far as against the average daily volumes of 19446 shares in the past one month.

The Nifty IT index dropped 4.12% to 30,422. Shares of HCL Technologies 10.60%. Tech Mahindra declined 5.57%, Coforge dropped 5.40% and Persistent Systems slipped 4.59%. Infosys fell 4.17%, while L&T Technology Services declined 3.34% and TCS lost 2.78%. Mphasis fell 2.32%, while Wipro saw a relatively smaller decline of 0.83%.

The selloff followed HCL Tech's FY27 revenue growth guidance of 1% to 4% in constant currency, which came below market expectations. The company cited weak discretionary spending, delays in client decision-making and project ramp-downs.

Its Q4 performance also disappointed, with revenue and profit missing estimates and new deal bookings falling to a three-quarter low.

The weakness spread across the sector as investors took the company?s outlook as an indicator for peers, given the heavy dependence of Indian IT firms on global markets.

Market participants are now closely watching upcoming earnings from other IT majors for further cues on demand trends and growth outlook.

The key benchmarks indices traded with major cuts in morning trade as Donald Trump announced an extension of the ceasefire until Iranian leaders submit a unified proposal. Investor sentiment remained cautious amid uncertainty surrounding the deadline for the ceasefire in the West Asia conflict. However, market participants will track Q4 earnings. The Nifty slipped below the 24,400 level.

IT shares tumbled after advancing in the past trading session.

At 10:25 IST, the barometer index, the S&P BSE Sensex declined 791.18 points or 0.99% to 78,492.51. The Nifty 50 index slumped 201.20 points or 0.82% to 24,369.70

In the broader market, the BSE 150 MidCap Index shed 0.01% and the BSE 250 SmallCap Index rose 0.28%.

The market breadth was positive. On the BSE, 2006 shares rose and 1,705 shares fell. A total of 218 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 6.41% to 18.66.

Earnings Today:

SBI Life Insurance Company (down 0.91%), Tech Mahindra(down 3.82%), Trent(down 0.91%), Bharat Coking Coal(down 0.25%), Delta Corp(up 3.63%), Havells India(up 0.02%), L&T Technology Services(down 1.77%), Oracle Financial Services Software(up 1.50%), Sangam India(up 8.51%), and Tata Communications (down 0.03%) will announce their quarterly earnings today.

Buzzing Index:

The Nifty IT index declined 3.30% to 30,681.75. The index jumped 0.45% in the past trading session.

HCL Technologies (down 8.99%), Persistent Systems (down 3.51%), Coforge (down 3.2%), Infosys (down 2.7%), Tech Mahindra (down 2.59%), LTM (down 1.95%), Tata Consultancy Services (down 1.55%), Mphasis (down 1.25%) and Wipro (down 0.32%) declined.

Stocks in Spotlight:

Ajanta Pharma fell 1.31% after the company said the United States Food and Drug Administration (USFDA) has completed an inspection at its Paithan manufacturing facility in Maharashtra, conducted between 13 April and 21 April 2026.

Advait Energy Transitions jumped 4.57% after the company received an order worth Rs 27.74 crore from Power Transmission Corporation of Uttarakhand (PTCUL).

Tata Elxsi declined 4.65%. The company reported a 27.8% increase in net profit to Rs 220.35 crore in Q4 FY26, compared with Rs 172.42 crore posted in Q4 FY25. Revenue from operations increased 9.4% to Rs 993.75 crore in the quarter ended 31 March 2026, compared with Rs 908.34 crore recorded in the corresponding quarter last year.

In dollar terms, the company has posted revenue of $3,682 million, down 2.9% QoQ. In constant currency (CC) terms, the revenue is lower by 3.3% on a sequential basis.

EBIT declined by 10.6% to Rs 5,620 crore in the fourth quarter of FY26 from Rs 6,285 crore recorded in the third quarter of the same year.

As compared with Q4 FY25, the company?s revenue and net income are higher by 12.3% and 4.2%, respectively.

The company?s ROIC, on LTM basis, was at 40.3% (up 235 basis points YoY) and that of the Services division was 47.0% (up 155 basis points YoY).

On LTM basis, HCL?s operational cash flow (OCF) was $2,252 million and the free cash flow was $2,092 million. FCF to net income ratio was at 107%.

The board of the company has declared a dividend of Rs 24 per share, marking it the 93rd consecutive quarter of dividend pay-out.

The company?s TCV of new deal wins for Q4 FY26 was $1,936 million.

With net additions of 802, the company?s total headcount stood at 227,181 as on 31 March 2026. LTM attrition rate was at 12.5%, down from 13.0% in Q4 of last year.

HCL Tech has recorded 0.2% fall in net income to Rs 17,361 crore despite a 11.2% increase in revenue to Rs 130,144 crore in FY26 as compared with FY25.

For FY27, the company expects revenue to grow by 1.0% to 4.0% YoY while the Services revenue growth is expected to be between 1.5% and 4.5% YoY in CC terms. It expects to clock an EBIT margin of 17.5% to 18.5%. C Vijayakumar CEO & managing director, HCLTech, said: ?HCLTech delivered superior revenue growth of 3.9% in constant currency, 10 bps below our guidance and 17.2% operating margin within our guidance, in a year marked by uncertain demand environment.

During the quarter, our performance came below our expectations due to softness in certain parts of our business due to lower discretionary spend and delayed decision making.

Our new AI-led service offerings are getting traction in the market and is reflected in annualized Advanced AI revenues crossing $620 million in Q4.?

HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P).