HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

HCL Technologies shares climb 1.3% after reporting a 10.5% increase in Q2 net profit to Rs 4,235 crore, with revenue up by 8.2% to Rs 28,862 crore. Brokerages raise target prices, expecting sustained growth driven by solid deal pipelines and strategic focus on Data & AI, Digital Engineering, and SAP migration.