HCL Technologies532281Information technology services
Mayuresh Joshi of Marcellus Investment Managers called HCL Tech's Q2 results decent, citing guidance and order book strength
By ScoutQuest · · 1 min read
- Constant currency growth guidance
- 2.5 to 4 percent
- Revenue margin guidance
- 17.5 percent
Heard on business television between 08:38:47 - 08:41:47 IST.
- Mayuresh Joshi said HCL Tech had a very decent set of numbers among large IT names that reported.
- He cited guidance of 2.5-4% constant currency growth and maintained revenue margins of 17.5%.
- He noted a record order book for the company.
- He flagged global headwinds such as AI deflation trade fears and cuts in global tech spending as a concern for large-cap IT.
- He referenced a comment from Sanjay Nayyar (heard as 'Sunjay Andella') about AI agents needing a human 'emergency brake'.
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Source: Live TV News Channel · 13 Oct 2026
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