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NYSE:HCLTECH 14 October 2025 - 24 February 2026

HCL Tech’s AI-Powered Pivot Ignites Stock Rally – Brokers Say It’s Better Than TCS

HCL Tech’s AI-Powered Pivot Ignites Stock Rally – Brokers Say It’s Better Than TCS

HCLTech’s Q2FY26 report stunned analysts with broad-based strength. Consolidated revenue grew 10.7% YoY to ₹31,942 crore and sequential profit rose ~10.2%economictimes.indiatimes.com, topping surveys. Notably, the company disclosed ₹886 crore in revenue from advanced AI services – nearly 3% of the quarter’s takeeconomictimes.indiatimes.com. CEO C. Vijayakumar said this AI business is nascent but exploding: “A lot of discretionary spend is happening on AI… I see a strong growth potential for our advanced AI services,” he told ETeconomictimes.indiatimes.com. With AI projects ramping, HCL raised the lower end of its full-year revenue growth guidance to 4–5%economictimes.indiatimes.comeconomictimes.indiatimes.com.
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