PRE-MARKET INDIAN STOCKS NEWS: HCL Technologies (HCLT IS) Q4 (INR) profit rose 4.2% Y/Y to 44.88bln, revenue rose 12.3% Y/Y to 339.81bln,

HCL Technologies' Q4 results showed a year-on-year profit increase of 4.2% and revenue growth of 12.3%, signaling a solid performance that beats many growth expectations amid a challenging environment.

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PRE-MARKET INDIAN STOCKS NEWS: HCL Technologies (HCLT IS) Q4 (INR) profit rose 4.2% Y/Y to 44.88bln, revenue rose 12.3% Y/Y to 339.81bln,

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Aurobindo Pharma (ARBP IS) - Co. will initiate a buyback of 5.423mln equity shares worth INR 8.0bln at INR 1,475/share from Apr. 23 to Apr. 29. (Moneycontrol)

BEML (BEML IS) - Co. secured an order from the Ministry of Defence for the supply of trawl assemblies worth INR 5.9bln. (Moneycontrol)

Cyient DLM (CYDL IS) - Co. Q4 (INR) profit fell 27.7% Y/Y to 224mln, revenue fell 13.8% Y/Y to 3.691bln. (Moneycontrol)

HCL Technologies (HCLT IS) - Co. Q4 (INR) profit rose 4.2% Y/Y to 44.88bln, revenue rose 12.3% Y/Y to 339.81bln, FY27 revenue growth guidance 1%-4% Y/Y in constant currency terms, and FY27 services revenue growth guidance 1.5%-4.5% Y/Y in constant currency terms. (Moneycontrol)

HDFC Life Insurance Company (HDFCLIFE IS) - Co. approved the re-appointment of Vibha Padalkar as Managing Director and Chief Executive Officer for five years effective Sep. 12, 2026. (Moneycontrol)

Hindustan Zinc (HZ IS) - Co.'s board will meet on Apr. 24 to consider audited standalone and consolidated Q4 and FY26 results, as well as a first interim dividend for FY27, if any. (Moneycontrol)

PNC Infratech (PNCL IS) - Co. emerged as the lowest bidder for two HAM-based national highway projects worth INR 34.83bln. (Moneycontrol)

Tata Elxsi (TELX IS) - Co. Q4 (INR) profit rose 27.8% Y/Y to 2.204bln, revenue rose 9.4% Y/Y to 9.938bln. (Moneycontrol)

National Stock Exchange - Co.'s IPO could move forward after Sebi's expert panel approved its application to settle the colocation and dark fibre cases for about INR 18bln. (Economic Times)

Context

However, their FY27 revenue growth guidance of 1%-4% suggests cautious optimism, which may impact market sentiment on the stock and the broader IT sector in India, particularly regarding growth prospects and valuation adjustments.

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