HCL Tech Falls Over 3% Post Q3

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Shares of HCL Technologies tumbled over 3 per cent on the Bombay Stock Exchange after the IT major reported a 7.8 per cent rise in consolidated net profit at Rs 2,070 crore for the third quarter ended December 2016.

HCL Tech Falls Over 3% Post Q3
Following Q3 earnings, shares of company declined as much as 3.05 per cent to hit intra-day low of Rs 831.00 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of state-run firm fell 1.35 per cent to Rs 845.75 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 27,247.40, up 130.06 points, or 0.48 per cent, at 11:25 hours.

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