Shares of HCL Technologies Ltd . opened with gains on Tuesday, October 14, following the company's September quarter earnings, performance which was reassuring after a weak first quarter. Analysts tracking the stock have largely maintained their ratings and price targets on the company.

HCLTech's revenue growth and margins came in ahead of estimates, driven by better-than-expected performance in its services business.

The company reported constant currency revenue growth of 2.4%, versus an estimate of 1.5%. EBIT margins stood at 17.4%, compared to expectations of 17.1%, expanding 110 basis points quarter-on-quarter.

The company retained its overall revenue growth guidance at 3-5%, while narrowing services revenue growth guidance to 4-5% from 3-5% earlier. FY26 EBIT margin guidance was

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