IT services major HCL Technologies (HCL) today announced it is issuing a one-time special bonus worth ₹700 crore to employees around the world, in recognition of its recent milestone of crossing the $10 billion mark in revenue for 2020. HCL Tech's revenue had crossed $10 billion milestone in calendar year 2020, delivering 3.6% YoY growth in constant currency. Achieving this historic milestone– just twenty years since HCL Technologies’ IPO – is a testament to the passionate efforts and consistent achievements of its employees, HCL Tech said in a statement. HCL Tech's shares have surged 60% in the past one year and many analysts remain bullish on the stock. The brokerage's top picks in the sector includes Infosys, HCL Tech and Persistent.

Source: Mint February 08, 2021 03:06 UTC