HCL Tech share price falls 3% despite strong Q1 results 2026: Should you buy, sell or hold the IT stock?

HCL Technologies share price declined over 3 percent to around 1,183 per share on BSE on July 14 despite reporting strong Q1FY27 results. Consolidated net profit rose 20.34 percent year-on-year to 4,626 crore, while revenue grew 14 percent YoY to 34,579 crore (constant currency growth of 2.6 percent YoY and 0.5 percent QoQ). The company retained its FY27 guidance of 1-4 percent CC revenue growth and 17.5-18.5 percent EBIT margin range, posted highest-ever Q1 new deal bookings of 2,407 million dollars, and declared an interim dividend of 12 rupees per share.