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India's HCLTech slides on lower operating margin forecast

India's HCLTech slides on lower operating margin forecast

Yahoo15-07-2025
(Reuters) -Shares of HCLTech dropped about 3% on Tuesday after India's No.3 software services provider lowered its annual operating margin forecast, dampening hopes of a rebound in client spending across the sector.
On Monday, HCLTech reduced its annual operating margin forecast to a range of 17% to 18% from a previous projection of 18% to 19% for fiscal year 2026.
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