HCL Technologies reported growth of as high as 4% sequentially in dollar terms. To some extent, then, HCL Technologies’ performance is a reflection of ground realities. After a series of earnings disappointments, HCL Technologies Ltd has beaten the Street’s estimates by a wide margin. Some investors may well be glad that HCL Technologies has a high proportion of its business coming from segments that are growing well lately. What’s more, while margins were expected to decline by around 100 basis points, the company has managed to maintain margins.

Source: Mint August 03, 2016 08:16 UTC