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HCL Tech hits year-high on robust Q3 results

HCL Tech hits year-high on robust Q3 results
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First Published: Wed, Jan 19 2011. 10 07 AM IST
Updated: Wed, Jan 19 2011. 10 07 AM IST
Mumbai: Shares of HCL Technologies rose to a 52-week high of Rs 517.50 after the company posted a 34.2% jump in the consolidated net profit at Rs 400 crore for Oct-Dec quarter, beating Reuters poll expectations of Rs 368 crore.
The profits were led by strong growth in non-core markets and substantial improvement in margins. At 9:36am, shares were up 4.03% at Rs 508.20.
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First Published: Wed, Jan 19 2011. 10 07 AM IST