HCL Tech loses â¹7,000 cr in m-cap after Q4 profit falls 9.8%
Software services giant HCL Technologies lost â¹7,000 crore in market value on Wednesday after the company posted a 9.8% year-on-year decline in net profit at â¹2,230 crore for the March quarter. The company's shares fell about 5%, taking its total market capitalisation to nearly â¹1.4 trillion. The company reported a 2.2% increase in revenue to â¹13,480 crore during the quarter.