Share Market Today: HCL stock ran up after mixed results, stock rose so much in weak market
HCL Share: HCL company announced its second-quarter results yesterday. In this announcement, the company said that between July and September, an increase of 9.9 percent was recorded in the net profit of the company. The company's revenue has increased by 8 percent. Today the company's shares are trading with a gain of more than 2 percent on BSE.
The quarterly results announced by the IT company have affected the stock market. On Thursday, HCL Technologies announced its quarterly results. After this decision, today the company's shares are trading with gains. On the other hand, negative global signals and the selling of IT stocks have led to a decline in the market.
In today's morning trade, the company's shares were trading at Rs 1,249.35 per share with a gain of 2.09 percent on NSE. At the same time, the company's shares opened at Rs 1,249.05 per share on BSE with a gain of 2.04 percent. The reason for the rise in shares was that the company's shares were the top gainers in the Sensex chart.
In Friday's trading session, BSE Sensex fell 328.80 points to 66,079.59 points. At the same time, NSE also fell 92.40 points and opened at 19,701.60.
At the time of writing the news, shares of HCL Technologies were trading at 1,248.00 points with a gain of 24.25 points.
HCL Technologies informed in its regulatory filing that in the July to September quarter ended September 30, 2023, the company's net profit increased by 9.9 percent to Rs 3,833 crore. Last year, in the same quarter, the company's net profit was Rs 3,487 crore.
Apart from this, the company's revenue has also increased by 8 percent to Rs 26,672 crore in this quarter. Which was Rs 24,686 crore last year in September 2022.
