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Nuvama has a reduce rating on Voltas with the target price at Rs 1,170. Analysts said that the company indicated that near-term demand remains weak due to elevated channel inventory (~45 days) and seasonally soft Nov–Dec demand. The company expects a sequential improvement in Q3FY26, partly aided by pre-buying by channel ahead of anticipated price…
HCL co-founder Ajai Chowdhry has suggested that India should meet its demand for rare-earth minerals by recycling e-waste. Chowdhry, who is also the Chairman of the National Quantum Mission, has proposed this solution to reduce dependency on foreign sources. He claimed that 30-40% of domestic demand can be met through this “non-mined” route. This approach…
MUMBAI: HCLTech on Monday reported a flat consolidated net profit of Rs 4,235 crore for the quarter ended on September 30, 2025.On a sequential basis, the IT company reported a 10.2% growth compared to the net profit of Rs 3,843 crore in the June quarter of 2025-26.The consolidated revenue of HCLTech increased by 10.6% to…
HCL Technologies on Monday reported a flat consolidated net profit of Rs 4,235 crore for the quarter ended September 30, 2025.On a sequential basis, the IT giant’s net profit rose 10.2 per cent compared to Rs 3,843 crore recorded in the June quarter, PTI reported.The company’s consolidated revenue increased 10.6 per cent year-on-year to Rs…
BENGALURU: HCL Infosystems, a part of HCL group, won an arbitration case against the UIDAI, securing an award of about Rs 102.8 crore, including interest at 10% per annum until the date of the award and continuing until recovery, the company said in a stock exchange filing on Monday. The dispute related to unpaid dues…
