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Shares of HCL Technologies fell nearly 4 per cent in Wednesday's trade despite the company posting nearly 9 per cent rise in second-quarter net profit.
After opening the session weak at Rs 900 against the previous close of Rs 913.45, the stock went down by 4 per cent to 876.85 on the BSE. On the NSE, the company shares dipped 4.21 per cent to Rs 876.
The company shares ended down by 0.71 per cent at Rs 907 on the BSE. On the NSE, the stock closed lower by 1.25 per cent at Rs 903.15.
Noida-based HCL Technologies on Wednesday reported a consolidated net profit of Rs 2,188 crore for the second quarter ended September 30, up around 9 per cent compared with Rs 2,014 crore in the same period last year.
Consolidated revenue of the company also rose by 8 per cent year-on-year (YoY) to Rs 12,434 crore during July-September quarter, as against Rs 11,519 crore in the coressponding period last year.
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