TCS, HCL Tech Report Q1 Results: How Indian Tech Sector Placed? | India Development Debate

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Published on July 12, 2023 5:13:04 PM ● Video Link: https://www.youtube.com/watch?v=ntSrT6Ay-T8

Duration: 16:40

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The first quarter results of new financial year started rolling in from today with tech majors TCS and HCLTech announcing their results. While TCS reported numbers largely in-line with estimates, a weak Set of results came from HCLTech. Actually disappointment from all fronts except holding on to their guidance. Tech is one of the worst affected sectors on global macro environment cue - be it project delays, attrition or layoffs. As the year starts with subdued numbers, on India Development Debate, Tamanna Inamdar speaks with Sandip Agarwal, Independent Market Expert; Aditya Shah, Founder, Hercules Advisors; and Moshe Katri, Managing Director, Equity Research - IT Services & Payments, Wedbush Securities; on what's in store for the IT sector.

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