HCLTech Down 2.6% After Lowering Revenue Outlook
Friday, January 13, 2023
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Shares of IT major HCLTech fell as much as 2.6% on Friday after lowering its revenue growth outlook for this fiscal year and flagging delays in decision-making by its European clients.
The Noida-based company on Thursday lowered its revenue growth projection for the fiscal year ending March 31 to 13.5-14% from 13.5% to 14.5% previously.
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