HCL Technologies falls no matter reporting 14% rise in Q4 consolidated net income

HCL Technologies falls no matter reporting 14% rise in Q4 consolidated net income

by admin- Friday, May 10th, 2019 03:43:08 PM

HCL Technologies is presently trading at Rs. 1087.70, down through 44.Forty points or three.92% from its preceding last of Rs. 1132.10 on the BSE.

The scrip opened at Rs. 1126.70 and has touched a high and coffee of Rs. 1126.70 and Rs. 1079.60 respectively. So far 77102 stocks have been traded at the counter.

The BSE group ‘A’ stock of face cost Rs. 2 has touched a fifty two week high of Rs. 1190.00 on 30-Apr-2019 and a 52 week low of Rs. 880.00 on 05-Jun-2018.

Last one week high and coffee of the scrip stood at Rs. 1149.00 and Rs. 1079.60 respectively. The current marketplace cap of the enterprise is Rs. 147224.07 crore.

The promoters conserving within the company stood at 60.00%, while Institutions and Non-Institutions held 36.Forty two% and 3.Fifty eight% respectively.

The organisation has stated a upward thrust of 10.32% in its internet earnings at Rs 2,031 crore for the fourth region ended March 31, 2019 as compared to Rs 1,841 crore for the same zone within the previous 12 months. Total income of the organization elevated by using 21.37% at Rs 7,172 crore for region beneath evaluation in comparison to Rs 5,909 crore for the quarter ended March 31, 2018.

On consolidated foundation, the company has suggested upward thrust of 14.35% in its net earnings at Rs 2,550 crore for the quarter ended March 31, 2019 in comparison to Rs 2,230 crore for the corresponding quarter inside the FY18. Total consolidated income of the agency rose 20.10% at Rs sixteen,190 crore for quarter beneath evaluate as compared to Rs thirteen,480 crore for the equal area ended previous 12 months.

For the yr ended March 31, 2019, the organization has published a upward push of 11.18% in its net income at Rs eight,185 crore compared to Rs 7,362 crore for the preceding yr. Total earnings of organisation extended 17.Seventy five% at Rs 26,817 crore for 12 months beneath evaluation in comparison to Rs 22,775 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the corporation has posted upward push of sixteen.03% in its internet income at Rs 10,120 crore as compared to Rs 8,722 crore for the previous yr. Total profits of company accelerated with the aid of 18.Fifty one% at Rs sixty one,370 crore for yr under evaluate in comparison to Rs fifty one,786 crore for year ended March 31, 2018.

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