IT indexes were in a bloodbath on Monday after Infosys' Q4 earnings came in lower than estimates. Infosys emerged as the top loser, while peers TCS, HCL Tech, Tech Mahindra, and Wipro have also witnessed a significant drop in share prices. Infosys rivals like HCL Tech saw a 2.8% contraction, and Wipro and TCS shed around 1.8% and 1.6% respectively. …
IT companies HCL Tech and Wipro are scheduled to announce their earnings for the second quarter ended September 2022 on Wednesday. HCL Tech revenue up 19.5% YoY HCL Technology recorded a sequential rise in its consolidated revenue in the second quarter of this fiscal year. HCL Tech's consolidated revenue in the second quarter of FY22 climbed 5.2% QoQ and up …