Sunday, December 22, 2013
October 18, 2013
First Published: 10:08 IST(18/10/2013)
Last Updated: 12:02 IST(18/10/2013)
Why tech giants HCL Tech, TCS shares fell
Results of information technology (IT) services companies have been great; but they evidently haven’t been good enough. Shares of HCL Technologies Ltd and Tata Consultancy Services Ltd (TCS) fell by 7.09% and 5.25%, respectively on Thursday, despite reporting higher-than-expected profits for the September quarter.
Here's why this happened.
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