Highlights

• HCL Technologies stock rose 2.74% to ₹1,375.9 on renewed IT sector focus.
• Q3 FY26 deal wins reached $3,006 million, up 43.5% YoY, driving market attention.
• FY26 revenue guidance set at 4–4.5% YoY, reflecting steady IT services outlook.

HCL Technologies rebounded in trading, closing at ₹1,375.9, up 2.74% on 25 Feb ( 3:30 pm IST) from its previous close of ₹1,339.2. According to NSE data The stock opened at ₹1,355 and hit an intraday high of ₹1,391.4, while the low was ₹1,354. Trading volume reached 5,703,505 shares, reflecting active investor participation.

Over multiple time frames, HCLTech has seen mixed trends: a decline of 7.55% over the past five days, 20.02% in the past month, 8.53% over six months, 15.82% year-to-date, and 15.90% over the past year, while recording a gain of 51.29% over the past five years.

Q3 FY26 Financial Highlights

In Q3 FY26, HCLTech reported total revenue of ₹33,872 Crores, representing a growth of 6.0% QoQ and 13.3% YoY, with constant currency growth of 4.2% QoQ. Profitability metrics showed EBIT at ₹6,285 Crores, delivering an 18.6% margin excluding one-time impacts, while net income increased 13.2% QoQ to ₹4,795 Crores.

New deal bookings were significant, reaching a total contract value (TCV) of $3,006 million, up 43.5% YoY. Segment-wise, Advanced AI revenue grew 19.9% QoQ in constant currency, while HCLSoftware revenue rose 28.1% QoQ in constant currency.

Strategic AI and SIAM Initiatives

HCLTech continues to focus on integrating AI and Service Integration and Management (SIAM) capabilities. Its AI Force platform and end-to-end AI portfolio—including AI Factory, AI Engineering, AI Advisory, AI Foundry, and Industry AI Solutions—enable enterprises to move from managing services to orchestrating outcomes. These solutions support improved decision-making and measurable business results.

The acquisition of Wobby BV, an agentic AI startup, completed on February 20, 2026, strengthens HCLTech’s capabilities in agentic AI and data analytics.

Global Presence and Market Impact

Operating across more than 60 countries with over 226,300 employees, HCLTech generated consolidated revenues of $14.5 billion for the 12 months ending December 2025. Its AI-led initiatives serve sectors including financial services, telecom, retail, manufacturing, and energy, supporting clients’ data-driven transformation and sustainability goals.

Leadership Perspective

Jagadeshwar Gaḛu, President of Digital Foundation Services, stated, “AI-driven SIAM is central to HCLTech’s strategy, enabling autonomy and faster business outcomes.”

Dave Chopra, EVP & Canada Country Head, added, “HCLTech’s success lies in translating AI ambitions into real-world enterprise impact.”

FY26 Guidance
For FY26, HCLTech expects total revenue growth of 4–4.5% YoY in constant currency, while services revenue is projected between 4.75–5.25% YoY. EBIT margin is guided at 17–18%, indicating steady operational performance in IT services.

HCL Technologies emerged as a top gainer among NIFTY 50 stocks, driven by strong Q3 FY26 deal wins of $3,006 million and clear FY26 revenue guidance. The company’s AI and SIAM initiatives, supported by acquisitions and global operations, continue to influence IT market sentiment, while share performance shows mixed short-term trends with long-term gains.

FAQs

Q1: What drove HCLTech’s recent stock gains?
HCLTech’s Q3 FY26 deal wins and clear FY26 revenue guidance contributed to the stock rally.

Q2: How has HCLTech performed over the past year?
The stock declined 15.90% over the past year but gained 51.29% over the past five years.

Q3: What is HCLTech’s focus in AI and SIAM?
The company integrates AI across cloud, applications, and infrastructure while leveraging SIAM for enterprise service outcomes.