HCL Tech shares up by more than 1% today

HCL Tech shares are gaining today. At 1:50 p.m. IST, the stock is up by 1.38%, trading at Rs 1,437.30. Nifty 50 index is up by 0.51% at this time. HCL’s shares have gained more than 3% in the last two days. Many IT & software stocks are seeing buying demand for the past two days. This, after some battering that these stocks saw earlier this year due to increase in H1- B visa fee and the inability of India and US in reaching a trade deal.

Policy risks in the US market

HCL and other Indian IT companies are facing headwinds because of the government policy risks that are arising in the US market. Besides the higher H1-B visa fee, there is the risk of HIRE (Halting of International Relocation of Employment) bill getting passed. This bill, if passed by the US Congress, will impose non-deductible 25% tax on payments that US companies make on work that they have outsourced to foreign companies.

TCS to announce its September quarter result on October 9th

TCS will announce its September quarter result on October 9^th. Other IT & software companies will announce their results in the coming days. If the results of these companies outperform expectations, then their share prices may gain further.

HCL Tech shares have lost more than 24% in 2025

Year-to-date in 2025, HCL Tech’s stock has lost 24.84%. In the same period, Nifty 50 index has gained 6.31%. The stock has underperformed the benchmark Nifty 50 index by more than 30% this year. In the past 5 years, HCL’s stock has gained 67.81%. In the same period, Nifty 50 index has gained 111.48%.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE