{
  "id": 14148896,
  "title": "HCL Tech shares surges 7.5% on Q2 beat; street divided on valuation",
  "url": "https://urgent.news/2026/10/13/hcl-tech-shares-surges-7-5-on-q2-beat-street-divided-on-valuation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T07:31:22.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/hcl-tech-shares-surges-75-on-q2-beat-street-divided-on-valuation/article71578295.ece"
  },
  "original_language": "en",
  "account": "HCL Technologies' shares surged 7.47% to ₹1,314.40 by mid-day Tuesday, buoyed by an earnings report that exceeded expectations. The stock has recovered from its 52-week low of ₹1,030, although it remains below its February peak. Volume surged past 1.34 crore shares by mid-day, with 65% of the orders being buy orders. The company reported EBIT margins expanding by 131 basis points to 18.2%, a 20-quarter high. Services revenue grew by 3.0% QoQ in constant currency, while advanced AI revenue soared to $219 million, up 28.4% QoQ. The company's FY27 revenue guidance was raised to 2.5–4.0% in constant currency, though organic growth midpoint stayed relatively unchanged. HCL also announced a partnership with Anthropic to boost enterprise AI adoption. Analysts' opinions are divided; some upgrade the stock, while others maintain a Hold rating, citing concerns over valuations and software segment performance.",
  "summary": "The stock has rebounded sharply from its 52-week low of ₹1,030 hit in July, though it remains well below its February peak of ₹1,780.10",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}