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HCL Tech shares tank 5% post Q3 results; Here’s what brokerages say

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HCL Tech shares tank 5% post Q3 results; Here’s what brokerages say

Shares of HCL Technologies fell 5% on Monday after the tech company reported quarterly earnings. Shares in the company were down 4.6% at Rs 1,276 on the BSE at 9.17am, the biggest drag on the Nifty50.
HCL Tech reported net profit of Rs 3,442 crore, up 5.4% quarter-on-quarter, on revenue of Rs 22,331 crore, up 8.1% quarter-on-quarter. In comparison, CNBC-TV18 posted a net profit of Rs 3,390 crore on revenue of Rs 21,674 crore.
In dollar terms, the IT services company’s revenue ($2.977 billion) increased 6.7% year-over-year and quarter-over-quarter, while constant currency (CC) revenue increased 7.6% quarter-over-quarter and 15% year-over-year.
On a constant currency basis, revenue grew 7.6% sequentially, the highest in the past 12 years, the company said. This came on the back of strong year-over-year double-digit growth across verticals and regions, HCL Technologies added in the press release.
The total contract value of new deals was $2.135 billion, up 64% year over year.
In addition, the company witnessed strong customer additions across all categories and cash generation remained strong.
In terms of guidance, the IT company expects double-digit constant currency revenue growth in the fourth quarter of FY22 and said its EBIT margin will be between 19% and 21% for the rest of the fiscal year.

Complete News Sourec : CNBC TV18

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KKR issue clarification on viral Kuldeep Yadav slapping Rinku Singh moment with fresh video

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KKR issue clarification on viral Kuldeep Yadav slapping Rinku Singh moment with fresh video

A shocking clip went viral on social media after Delhi Capitals lost their second consecutive game at home against Kolkata Knight Riders. DC spinner Kuldeep Yadav was caught on live TV slapping KKR batter Rinku Singh twice after the game. The clip shows Kuldeep, Rinku, and a few other players sharing a laugh after the game. Kuldeep then slapped Rinku, likely playful.

Manner, but it did not sit well with the latter. Rinku was left embarrassed and shocked at the sight. Kuldeep then slapped him again, this time, leaving him enraged as he had a word with his India teammate. The context behind Kuldeep’s act remains unknown, and fans on social media have called it his “worst behavior” and called for BCCI to “ban” him. The incident.

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Sparked controversy and speculation on social media Kolkata, April 30, 2025 — Following a day of intense backlash and speculation surrounding a viral video where Kuldeep Yadav appeared to slap Rinku Singh twice during a live broadcast, Kolkata Knight Riders (KKR) issued an influence millions,” said cricket commentator Harsha Bhogle. “There’s a thin line between. official clarification late Tuesday evening, releasing a new behind-the-scenes video to address.

The incident, which took place during a post-match interview after the IPL 2025 game between Delhi Capitals and KKR, sparked social media fury, with many fans demanding disciplinary action against Kuldeep. The visuals showed the left-arm spinner walking up to Rinku Singh and slapping him twice in quick succession the second slap drawing a visibly.

The controversy and calm public outrage.stunned and displeased reaction from the KKR star. The clip went viral, drawing criticism and questions about player conduct on national This may have been a joke, but there needs to be an understanding of optics. Live sports television However, in their official statement, KKR clarified that the moment was taken “out of context” and that both players are long-time friends engaging in “harmless banter.”

KKR’s Statement and Video Release

In a post shared on social media platforms, KKR wrote There’s more to the story than meets the eye. Friends on and off the field — Kuldeep and Rinku share a close bond, and what appeared to be aggressive was nothing more than playful teasing. Here’s the full clip for context The franchise attached a longer, unedited video showing the two players laughing.

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The video appears to support KKR’s claim that the incident was light-hearted and not malicious, although some fans continue to debate whether the act was appropriate for a live telecast and joking both before and after the slapping moment. In the extended footage, Rinku is seen smiling and lightly pushing Kuldeep back after the second slap, with both players sharing a brief hug and continuing their chat casually with the media team.

Rinku and Kuldeep Speak Out

Adding to the clarification, Rinku Singh posted on Instagram banter and discomfort Former cricketer Aakash Chopra echoed a similar the takeaway should be more about self-awareness on public platforms Bhai hai mera, sab mazaak tha doston! Don’t believe everything you see in a 5-second clip. Chill karo Kuldeep is like a brother, it was all a joke, friends! Don’t believe.

Mixed Reactions from Fans and Experts

While many fans expressed relief at the clarification, others continued to stress the also responded via X (formerly Twitter) everything you see in a short clip “When your brother plays for the other team, you tease him a little! Love you, Rinku! Good game, bro to
importance of maintaining professionalism on live broadcasts, even among close friend.

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