HCL Tech shares zoom 6% after $1.14 billion AI deal with Fortune Global 50 firm
Published on: July 3, 2026, 9:20 a.m. | Source: The Economic Times
HCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace and networks. This new business, spanning July 2026 to December 2031, boosts HCL Tech's prospects. The company also recently invested in AI startup Sarvam AI. Despite a slight miss on FY26 revenue guidance, Q4 saw a 4.2% net profit increase.
