IT - Technology

HCLTech falls as weak outlook, Q4 miss highlight pressure on India's IT sector

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HCLTech fell 8% in early ​trade on ‌Wednesday after it forecast fiscal ​2027 revenue ​growth below analysts' expectations ⁠and reported ​a fourth-quarter ​earnings miss, citing restrained spending by ​clients of ​India's $315 billion IT industry.

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