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Stock impact report

India's HCLTech jumps on strong revenue growth outlook [Yahoo! Finance]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Yahoo! Finance
India's $283 billion IT sector is staring at a potential slowdown as U.S. President Donald Trump's tariff policy threatens to hurt growth in the United States, the biggest market for the tech companies. Companies like Infosys and Wipro have forecast a weak year ahead, saying retail and manufacturing clients will be more exposed to tariff-related impact. HCLTech, in contrast, forecast revenue growth of 2% to 5% for fiscal 2026, while analysts, on average, were expecting a rise of 0-2% as per LSEG data. Estimates were revised down from projections of a growth of 3%-5% after larger peer Infosys flagged growth concerns last week. "While putting the fears of a washout FY26 to rest, it implies HCLTech would outperform both TCS and Infosys at the upper of its guidance range," analysts at Motilal Oswal said. Rival Wipro, which only gives quarterly forecast, projected its revenue to fall between 1.5% and 3.5% in the first quarter. Market leader TCS does not give a forecast. The co Show less Read more
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