Highlights

• HCL Technologies shares declined over 2% and touched a fresh 52-week low.
• The stock has fallen nearly 32% on both YTD and one-year basis.
• FY26 revenue increased to INR 130,144 crore despite recent market pressure on IT stocks.

Shares of HCL Technologies Limited (NSE:HCLTECH) declined on May 14, 2026, with the stock touching its 52-week low during intraday trading amid continued weakness across information technology counters.

The stock traded at INR 1,114.90, down 2.48% from the previous close of INR 1,143.20. HCLTECH opened at INR 1,139 and slipped to an intraday low of INR 1,110.40, which also marked its 52-week low level. The stock remains significantly below its 52-week high of INR 1,780.10 recorded on February 3, 2026.

Source: Trading View

Stock Underperforms Benchmark Indices

The stock has underperformed benchmark indices across multiple periods. HCLTECH declined 31.84% on a year-to-date basis and 31.98% over one year, while the NIFTY 50 recorded smaller declines during the same periods. Over five years, however, the stock delivered returns of 22.37%.

During the session, traded volume stood at 22.26 lakh shares, while traded value reached INR 249.52 crore. Deliverable quantity accounted for 53.97% of traded volume.

Volatility and Trading Metrics Remain in Focus

The stock’s annualised volatility stood at 33.24%, while daily volatility was recorded at 1.74%. HCL Technologies’ market capitalisation stood at approximately INR 3.02 lakh crore, while free float market capitalisation was reported at INR 1.17 lakh crore. The applicable margin rate for the stock stood at 14.54%, with an impact cost of 0.02.

Revenue Growth Continues in FY26

According to company disclosures, HCL Technologies reported consolidated FY26 revenue of INR 130,144 crore compared with INR 117,055 crore in FY25. The company’s EBIT stood at INR 22,397 crore in FY26 versus INR 21,420 crore in FY25. Net income for FY26 was reported at INR 17,361 crore compared with INR 17,390 crore in the previous financial year.

Source: Company Filing

IT Services Operations Span Multiple Segments

HCL Technologies operates across software-led IT solutions, engineering and research services, remote infrastructure management and business process outsourcing services. The company has operations across 46 countries and serves multiple industry verticals through offshore delivery infrastructure and global office networks.

Investors continued monitoring global technology spending trends, outsourcing demand and margin movement across the Indian IT services sector.

Key Risks

• Global slowdown in technology spending may affect client demand across segments.
• Currency fluctuations could influence earnings and operating margin movement.
• Margin pressure may continue due to restructuring and operational cost adjustments.
• Weak sector sentiment may impact near-term stock price performance further.

Summary

HCL Technologies (NSE:HCLTECH) shares declined over 2% and touched a fresh 52-week low during intraday trading. The stock has fallen nearly 32% on both YTD and one-year basis amid weakness across IT stocks. Despite market pressure, the company reported FY26 revenue of INR 130,144 crore along with continued operations across global IT services, engineering and outsourcing businesses.

FAQs

Q: Why did HCLTECH shares decline on May 14, 2026?
A: The stock declined amid continued weakness in IT sector sentiment and broader selling pressure.

Q: What was HCL Technologies’ FY26 revenue?
A: The company reported FY26 consolidated revenue of INR 130,144 crore during the financial year.

Q: What is the 52-week low of HCLTECH stock?
A: HCLTECH touched its 52-week low of INR 1,110.40 during intraday trading on May 14, 2026.