HCL Tech Shines with 21% Profit Surge!..

HCL Tech shares jumped nearly 5% today (October 13, 2026) after reporting strong Q2 FY27 results — net profit rose 21.2% YoY to ₹5,132 crore, driven by robust AI revenue growth and record deal bookings worth $3.26 billion. The company also announced an interim dividend of ₹12 per share. 📊 Market Performance Share Price (13 Oct 2026): ₹1,276.20 (+4.9%) Market Cap: ₹3.48 lakh crore Nifty IT Index: Up 3% in morning trade; Nifty 50 up 0.8% Top Gainers: HCL Tech, TCS, Infosys, Tech Mahindra 💼 Q2 FY27 Financial Highlights Metric Q2 FY27 Result Change (YoY) Change (QoQ) Revenue ₹35,620 crore +11.5% +3% Net Profit ₹5,132 crore +21.2% +11% EBIT Margin 18.2% +131 bps QoQ +71 bps YoY Deal Bookings $3.26 billion +27% YoY — Advanced AI Revenue $219 million +78% YoY +28.4% QoQ Dividend ₹12 per share — — 🤖 AI and Strategic Growth AI Revenue Momentum: Advanced AI services now contribute nearly $219 million per quarter, with applications across automation, analytics, and enterprise modernization. New Partnership: Collaboration with Anthropic to promote governed agentic AI for enterprise clients, focusing on safety and cybersecurity. Large Deals: Includes a $1.14 billion AI contract with Mercedes‑Benz, strengthening HCL’s global footprint. 📈 Guidance and Analyst Views FY27 Revenue Growth Guidance: Raised to 2.5–4% constant currency (previously 1–4%). IT Services Growth: Expected 3–4%. EBIT Margin Guidance: Maintained at 17.5–18.5%. Brokerage Sentiment: Jefferies: Upgraded to “Hold” from “Underperform” due to margin beat and AI traction. Nomura: Positive on services revenue and AI‑led efficiency. ICICI Securities: “Reduce” rating with target ₹1,090 amid AI‑led deflation risk. ⚠️ Investor Takeaways Short‑Term: Stock rally driven by strong earnings and AI momentum; expect continued volatility as global tech spending remains cautious. Medium‑Term: Margin expansion and record deal bookings support growth visibility.