HCLTech's management in its post-earnings call mentioned that there has been a reduction in discretionary spending in the telecom vertical and that two SAP projects got discontinued towards the end of the fourth quarter. HCLTech shares fall 11% to a 52-week low, marking their worst single-day return in 11 years According to Nuvama, HCLTech's weak guidance for FY27 now converges its growth differential with TCS and Infosys, which is likely to lead to convergence of th... [3973 chars]
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