What is the share price of HCL Technologies Ltd (HCLTECH) today?
The share price of HCLTECH as on 24th April 2026 is ₹1203.20. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on HCL Technologies Ltd (HCLTECH) share?
The past returns of HCL Technologies Ltd (HCLTECH) share are- Past 1 week: -16.19%
- Past 1 month: -12.46%
- Past 3 months: -29.51%
- Past 6 months: -21.04%
- Past 1 year: -24.17%
- Past 3 years: 14.15%
- Past 5 years: 29.54%
What are the peers or stocks similar to HCL Technologies Ltd (HCLTECH)?
The peers or stocks similar to HCL Technologies Ltd (HCLTECH) include:What is the dividend yield % of HCL Technologies Ltd (HCLTECH) share?
The current dividend yield of HCL Technologies Ltd (HCLTECH) is 4.50.What is the market cap of HCL Technologies Ltd (HCLTECH) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of HCL Technologies Ltd (HCLTECH) is ₹325557.85 Cr as of 24th April 2026.What is the 52 week high and low of HCL Technologies Ltd (HCLTECH) share?
The 52-week high of HCL Technologies Ltd (HCLTECH) is ₹1780.10 and the 52-week low is ₹1198.10.What is the PE and PB ratio of HCL Technologies Ltd (HCLTECH) stock?
The P/E (price-to-earnings) ratio of HCL Technologies Ltd (HCLTECH) is 19.56. The P/B (price-to-book) ratio is 4.67.Which sector does HCL Technologies Ltd (HCLTECH) belong to?
HCL Technologies Ltd (HCLTECH) belongs to the Information Technology sector & IT Services & Consulting sub-sector.How to buy HCL Technologies Ltd (HCLTECH) shares?
You can directly buy HCL Technologies Ltd (HCLTECH) shares on Tickertape. Simply sign up, connect your demat account and place your order.
HCL Technologies Ltd
HCLTECH Share Price
NSEHCLTECH Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
HCLTECH Performance & Key Metrics
HCLTECH Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 19.56 | 4.67 | 4.50% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 21.84 | 5.80 | 3.26% |
from 32 analysts
Price Upside
Earnings Growth
Rev. Growth
HCLTECH Company Profile
HCL Technologies Limited is engaged in providing a range of software development services, business process outsourcing services and information technology infrastructure services.
HCLTECH Sentiment Analysis
HCLTECH Sentiment Analysis
HCLTECH Stock Summary · April 2026
Management framed the quarter as a story of strong AI commercialization and improved capital efficiency tempered by moderated bookings and specific client timing pressures. Q4 revenue was $3,682 million (−3.3% sequential, +2.4% YoY in constant currency) while annualized Advanced AI revenue reached $620 million, and management pointed to robust cash generation and higher ROIC as evidence of operational strength. They emphasized a five‑pillar AI strategy, rapid productization—AI Force deployed in 75 accounts and upgraded to 2.1, VisionX 2.0 for edge AI, 38 advanced AI patents filed—expanded partnerships (AWS, Google, NVIDIA) and large training and governance initiatives to scale AI talent responsibly. At the same time, bookings moderated to $1.9 billion for the quarter and management acknowledged AI is compressing deal economics (a $100m deal today may look like $80m) and requires ~25–30% more conversion effort, while two telecom clients and other client deferrals created near‑term revenue drag (~$12m sequential impact growing to ~1% next quarter). For FY‑27 they guided revenue growth of 1%–4% in constant currency (services 1.5%–4.5%) and an EBIT margin range of 17.5%–18.5%, excluding two unclosed acquisitions.
HCLTECH Stock Growth Drivers
HCLTECH Stock Growth Drivers
6Commercial traction in Advanced AI and scaled AI revenue
HCLTech has translated AI investments into measurable commercial outcomes: Advanced AI revenue reached $155.1 million
Expanding client base and broad-based vertical demand
The company broadened and deepened client relationships during the period, adding one client above $100
HCLTECH Stock Challenges
HCLTECH Stock Challenges
6Concentrated client-driven revenue shocks and guidance cuts
The quarter and near-term outlook were materially weakened by a small number of large, client-specific
Software/product business deterioration and revenue uncertainty
The software and product segment showed pronounced weakness with Q4 software revenue of $307 million,
HCLTECH Forecast
HCLTECH Forecasts
Price
Revenue
Earnings
HCLTECH Share Price Forecast
HCLTECH Share Price Forecast
All values in ₹
All values in ₹
HCLTECH Company Revenue Forecast
HCLTECH Company Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
HCLTECH Stock EPS (Earnings Per Share) Forecast
HCLTECH Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
HCLTECH
HCLTECH
Income
Balance Sheet
Cash Flow
HCLTECH Income Statement
HCLTECH Income Statement
| Quarter | dec 2023 | mar 2024 | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 28,816.00 | 28,915.00 | 29,160.00 | 29,318.00 | 30,367.00 | 30,695.00 | 30,805.00 | 32,357.00 | 34,257.00 | 34,303.00 | ||||||||||
| Operating & Other expenses | 21,659.00 | 22,382.00 | 22,264.00 | 22,493.00 | 23,030.00 | 23,764.00 | 24,314.00 | 25,397.00 | 27,416.00 | 27,269.00 | ||||||||||
| EBITDA | 7,157.00 | 6,533.00 | 6,896.00 | 6,825.00 | 7,337.00 | 6,931.00 | 6,491.00 | 6,960.00 | 6,841.00 | 7,034.00 | ||||||||||
| Depreciation/Amortization | 1,143.00 | 1,093.00 | 998.00 | 1,007.00 | 1,039.00 | 1,040.00 | 1,093.00 | 1,043.00 | 1,127.00 | 1,092.00 | ||||||||||
| PBIT | 6,014.00 | 5,440.00 | 5,898.00 | 5,818.00 | 6,298.00 | 5,891.00 | 5,398.00 | 5,917.00 | 5,714.00 | 5,942.00 | ||||||||||
| Interest & Other Items | 140.00 | 171.00 | 191.00 | 131.00 | 166.00 | 156.00 | 209.00 | 215.00 | 205.00 | 240.00 | ||||||||||
| PBT | 5,874.00 | 5,269.00 | 5,707.00 | 5,687.00 | 6,132.00 | 5,735.00 | 5,189.00 | 5,702.00 | 5,509.00 | 5,702.00 | ||||||||||
| Taxes & Other Items | 1,524.00 | 1,283.00 | 1,450.00 | 1,452.00 | 1,541.00 | 1,428.00 | 1,346.00 | 1,467.00 | 1,433.00 | 1,214.00 | ||||||||||
| Net Income | 4,350.00 | 3,986.00 | 4,257.00 | 4,235.00 | 4,591.00 | 4,307.00 | 3,843.00 | 4,235.00 | 4,076.00 | 4,488.00 | ||||||||||
| EPS | 16.06 | 14.72 | 15.70 | 15.62 | 16.94 | 15.90 | 14.18 | 15.63 | 15.06 | 16.59 |
HCLTECH Company Updates
HCLTECH Stock Peers
HCLTECH Past Performance & Peer Comparison
HCLTECH Past Performance & Peer Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| HCL Technologies Ltd | 19.56 | 4.67 | 4.50% |
| Tata Consultancy Services Ltd | 17.62 | 7.99 | 4.59% |
| Infosys Ltd | 15.87 | 4.86 | 4.26% |
| Wipro Ltd | 15.83 | 2.53 | 5.52% |
HCLTECH Stock Price Comparison
Compare HCLTECH with any stock or ETFHCLTECH Holdings
HCLTECH Shareholdings
HCLTECH Promoter Holdings Trend
HCLTECH Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
HCLTECH Institutional Holdings Trend
HCLTECH Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
HCLTECH Shareholding Pattern
HCLTECH Shareholding Pattern
HCLTECH Shareholding History
HCLTECH Shareholding History
Mutual Funds Invested in HCLTECH
Mutual Funds Invested in HCLTECH
No mutual funds holding trends are available
Top 5 Mutual Funds holding HCL Technologies Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.2309% | Percentage of the fund’s portfolio invested in the stock 3.11% | Change in the portfolio weight of the stock over the last 3 months 0.51% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/191 (+3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.8757% | Percentage of the fund’s portfolio invested in the stock 3.12% | Change in the portfolio weight of the stock over the last 3 months 0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/69 (+1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.4151% | Percentage of the fund’s portfolio invested in the stock 1.37% | Change in the portfolio weight of the stock over the last 3 months -0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 174/338 (-86) |
Compare 3-month MF holding change on Screener
smallcases containing HCLTECH stock
smallcases containing HCLTECH stock
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have HCL Technologies Ltd
HCLTECH Events
HCLTECH Events
HCLTECH Dividend Trend
HCLTECH has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 4.50%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹45.01 every year
Dividends
Corp. Actions
Announcements
Legal Orders
HCLTECH Dividend Trend
HCLTECH has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 4.50%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹45.01 every year
HCLTECH Upcoming Dividends
HCLTECH Upcoming Dividends
No upcoming dividends are available
HCLTECH Past Dividends
HCLTECH Past Dividends
Cash Dividend
Ex DateEx DateApr 24, 2026
Dividend/Share
₹24.00
Ex DateEx Date
Apr 24, 2026
Cash Dividend
Ex DateEx DateJan 16, 2026
Dividend/Share
₹12.00
Ex DateEx Date
Jan 16, 2026
Cash Dividend
Ex DateEx DateOct 17, 2025
Dividend/Share
₹12.00
Ex DateEx Date
Oct 17, 2025
Cash Dividend
Ex DateEx DateJul 18, 2025
Dividend/Share
₹12.00
Ex DateEx Date
Jul 18, 2025
Cash Dividend
Ex DateEx DateApr 28, 2025
Dividend/Share
₹18.00
Ex DateEx Date
Apr 28, 2025
HCLTECH Stock News & Opinions
HCLTECH Stock News & Opinions
The Nifty April 2026 futures closed at 24,385 a premium of 1.00 points compared with the Nifty's closing at 24,378.10 in the cash market. In the cash market, The Nifty 50 index slumped 198.50 points or 0.81% to 24,378.10 The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 3.77% to 18.20. HCL Technologies, HDFC Bank and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE. The April 2026 F&O contracts will expire on 28 April 2026.
Hexaware Technologies Ltd, Transformers & Rectifiers India Ltd, Tata Elxsi Ltd and Persistent Systems Ltd are among the other losers in the BSE's 'A' group today, 22 April 2026.HCL Technologies Ltd crashed 10.67% to Rs 1287.7 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 17.31 lakh shares were traded on the counter so far as against the average daily volumes of 1.95 lakh shares in the past one month.Hexaware Technologies Ltd lost 6.83% to Rs 457.2. The stock was the second biggest loser in 'A' group.On the BSE, 81019 shares were traded on the counter so far as against the average daily volumes of 1.54 lakh shares in the past one month.Transformers & Rectifiers India Ltd tumbled 6.78% to Rs 310.6. The stock was the third biggest loser in 'A' group.On the BSE, 16.85 lakh shares were traded on the counter so far as against the average daily volumes of 3.17 lakh shares in the past one month.Tata Elxsi Ltd slipped 5.87% to Rs 4377.1. The stock was the fourth biggest loser in 'A' group.On the BSE, 71416 shares were traded on the counter so far as against the average daily volumes of 15781 shares in the past one month.Persistent Systems Ltd dropped 4.97% to Rs 5070.2. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.54 lakh shares were traded on the counter so far as against the average daily volumes of 19446 shares in the past one month.
The Nifty IT index dropped 4.12% to 30,422. Shares of HCL Technologies 10.60%. Tech Mahindra declined 5.57%, Coforge dropped 5.40% and Persistent Systems slipped 4.59%. Infosys fell 4.17%, while L&T Technology Services declined 3.34% and TCS lost 2.78%. Mphasis fell 2.32%, while Wipro saw a relatively smaller decline of 0.83%. The selloff followed HCL Tech's FY27 revenue growth guidance of 1% to 4% in constant currency, which came below market expectations. The company cited weak discretionary spending, delays in client decision-making and project ramp-downs. Its Q4 performance also disappointed, with revenue and profit missing estimates and new deal bookings falling to a three-quarter low. The weakness spread across the sector as investors took the company's outlook as an indicator for peers, given the heavy dependence of Indian IT firms on global markets. Market participants are now closely watching upcoming earnings from other IT majors for further cues on demand trends and growth outlook.
The key benchmarks indices traded with major cuts in morning trade as Donald Trump announced an extension of the ceasefire until Iranian leaders submit a unified proposal. Investor sentiment remained cautious amid uncertainty surrounding the deadline for the ceasefire in the West Asia conflict. However, market participants will track Q4 earnings. The Nifty slipped below the 24,400 level. IT shares tumbled after advancing in the past trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex declined 791.18 points or 0.99% to 78,492.51. The Nifty 50 index slumped 201.20 points or 0.82% to 24,369.70 In the broader market, the BSE 150 MidCap Index shed 0.01% and the BSE 250 SmallCap Index rose 0.28%. The market breadth was positive. On the BSE, 2006 shares rose and 1,705 shares fell. A total of 218 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 6.41% to 18.66. Earnings Today: SBI Life Insurance Company (down 0.91%), Tech Mahindra(down 3.82%), Trent(down 0.91%), Bharat Coking Coal(down 0.25%), Delta Corp(up 3.63%), Havells India(up 0.02%), L&T Technology Services(down 1.77%), Oracle Financial Services Software(up 1.50%), Sangam India(up 8.51%), and Tata Communications (down 0.03%) will announce their quarterly earnings today. Buzzing Index: The Nifty IT index declined 3.30% to 30,681.75. The index jumped 0.45% in the past trading session. HCL Technologies (down 8.99%), Persistent Systems (down 3.51%), Coforge (down 3.2%), Infosys (down 2.7%), Tech Mahindra (down 2.59%), LTM (down 1.95%), Tata Consultancy Services (down 1.55%), Mphasis (down 1.25%) and Wipro (down 0.32%) declined. Stocks in Spotlight: Ajanta Pharma fell 1.31% after the company said the United States Food and Drug Administration (USFDA) has completed an inspection at its Paithan manufacturing facility in Maharashtra, conducted between 13 April and 21 April 2026. Advait Energy Transitions jumped 4.57% after the company received an order worth Rs 27.74 crore from Power Transmission Corporation of Uttarakhand (PTCUL). Tata Elxsi declined 4.65%. The company reported a 27.8% increase in net profit to Rs 220.35 crore in Q4 FY26, compared with Rs 172.42 crore posted in Q4 FY25. Revenue from operations increased 9.4% to Rs 993.75 crore in the quarter ended 31 March 2026, compared with Rs 908.34 crore recorded in the corresponding quarter last year.
In dollar terms, the company has posted revenue of $3,682 million, down 2.9% QoQ. In constant currency (CC) terms, the revenue is lower by 3.3% on a sequential basis. EBIT declined by 10.6% to Rs 5,620 crore in the fourth quarter of FY26 from Rs 6,285 crore recorded in the third quarter of the same year. As compared with Q4 FY25, the company's revenue and net income are higher by 12.3% and 4.2%, respectively. The company's ROIC, on LTM basis, was at 40.3% (up 235 basis points YoY) and that of the Services division was 47.0% (up 155 basis points YoY). On LTM basis, HCL's operational cash flow (OCF) was $2,252 million and the free cash flow was $2,092 million. FCF to net income ratio was at 107%. The board of the company has declared a dividend of Rs 24 per share, marking it the 93rd consecutive quarter of dividend pay-out. The company's TCV of new deal wins for Q4 FY26 was $1,936 million. With net additions of 802, the company's total headcount stood at 227,181 as on 31 March 2026. LTM attrition rate was at 12.5%, down from 13.0% in Q4 of last year. HCL Tech has recorded 0.2% fall in net income to Rs 17,361 crore despite a 11.2% increase in revenue to Rs 130,144 crore in FY26 as compared with FY25. For FY27, the company expects revenue to grow by 1.0% to 4.0% YoY while the Services revenue growth is expected to be between 1.5% and 4.5% YoY in CC terms. It expects to clock an EBIT margin of 17.5% to 18.5%. C Vijayakumar CEO & managing director, HCLTech, said: 'HCLTech delivered superior revenue growth of 3.9% in constant currency, 10 bps below our guidance and 17.2% operating margin within our guidance, in a year marked by uncertain demand environment. During the quarter, our performance came below our expectations due to softness in certain parts of our business due to lower discretionary spend and delayed decision making. Our new AI-led service offerings are getting traction in the market and is reflected in annualized Advanced AI revenues crossing $620 million in Q4.' HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P).
HCL Technologies Ltd fell 8.66% today to trade at Rs 1316.7. The BSE Information Technology index is down 3.02% to quote at 29710.42. The index is up 5.78 % over last one month. Among the other constituents of the index, VL E-Governance & IT Solutions Ltd decreased 4.23% and Tech Mahindra Ltd lost 4.16% on the day. The BSE Information Technology index went down 11.32 % over last one year compared to the 0.77% fall in benchmark SENSEX. HCL Technologies Ltd has lost 3.07% over last one month compared to 5.78% gain in BSE Information Technology index and 8.64% rise in the SENSEX. On the BSE, 2.5 lakh shares were traded in the counter so far compared with average daily volumes of 1.98 lakh shares in the past one month. The stock hit a record high of Rs 1770 on 03 Feb 2026. The stock hit a 52-week low of Rs 1275.7 on 16 Mar 2026.
Net profit of HCL Technologies rose 4.20% to Rs 4488.00 crore in the quarter ended March 2026 as against Rs 4307.00 crore during the previous quarter ended March 2025. Sales rose 12.35% to Rs 33981.00 crore in the quarter ended March 2026 as against Rs 30246.00 crore during the previous quarter ended March 2025. For the full year,net profit declined 4.30% to Rs 16642.00 crore in the year ended March 2026 as against Rs 17390.00 crore during the previous year ended March 2025. Sales rose 11.18% to Rs 130144.00 crore in the year ended March 2026 as against Rs 117055.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales33981.0030246.00 12 130144.00117055.00 11 OPM %19.7521.43 -20.5621.79 - PBDT6794.006775.00 0 27413.0027345.00 0 PBT5702.005735.00 -1 23058.0023261.00 -1 NP4488.004307.00 4 16642.0017390.00 -4 Powered by Capital Market - Live
HCL Technologies has fixed 25 April 2026 as record date for payment of interim dividend of Rs 24 per equity share of Rs 2 each for FY 2026-27. The dividend shall be paid on 05 May 2026.
HCL Technologies announced that the Board of Directors of the Company at its meeting held on 21 April 2026, has recommended a Interim Dividend of Rs.24 per share (i.e.1200%`), subject to the approval of the shareholders.
The key domestic indices traded with moderate gains in early trade, even as uncertainty persisted over the ongoing de-escalation in the West Asia conflict. However, market participants shifted their focus to Q4 earnings, with HCL Technologies and Nestle India scheduled to announce their Q4 results later today. The Nifty traded above the 24,450 mark. Barring IT, all the sectoral indices on the NSE were traded in green with realty, metal and private bank shares leading the rally. At 09:25 IST, the barometer index, the S&P BSE Sensex jumped 358.28 points or 0.46% to 78,878.58. The Nifty 50 index rose 103.90 points or 0.43% to 24,463.15. The broader market outperformed the friontline indices. The BSE 150 MidCap Index jumped 0.47% and the BSE 250 SmallCap Index added 0.58%. The market breadth was strong. On the BSE, 2,148 shares rose and 934 shares fell. A total of 163 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 5.52% to 18.16. Foreign portfolio investors (FPIs) sold shares worth Rs 1,059.93 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,966.89 crore in the Indian equity market on 20 April 2026, provisional data showed. Numbers to Track: The yield on India's 10-year benchmark federal paper shed 0.03% to 6.888 compared with previous session close of 6.890. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 93.3275 compared with its close of 93.1600 during the previous trading session. MCX Gold futures for 5 June 2026 settlement declined 0.04% to Rs 153,860. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.07% to 9816.. The United States 10-year bond yield increased 0.12% to 4.252. In the commodities market, Brent crude for June 2026 settlement tumbled 47 cents or 0.49% to $95.04 a barrel. Stocks in Spotlight: TVS Motor Company has entered into a Joint Development Agreement (JDA) with Hyundai Motor Company for the development, manufacturing, and commercialisation of electric micromobility three-wheelers (including their versions or variants). Additionally, the company announced its official entry into the Zambian market. To strengthen its African footprint, it has appointed Zamoto Manufacturing as its official distributor, ensuring a robust sale, service, and spare parts network across the country. JSW Steel advanced 1.50% afer the company has signed a joint venture agreement with South Korea's POSCO to set up a 6 mtpa greenfield steel plant in Odisha. Vedanta added 2.25% after the company said its board on Monday, 20 April 2026, approved the implementation of its demerger, with the scheme set to become effective from 1 May 2026. The company has fixed 1 May 2026 as the record date to determine eligible shareholders for the issuance of shares in the newly carved-out entities. Global Markets: Asia market traded mixed on Tuesday amid hopes for a resolution to the Middle East conflict, even as tensions between Iran and the U.S. continue to simmer. 'Trump, by imposing a siege and violating the ceasefire, seeks to turn this negotiating table' in his own imagination' into a table of surrender or to justify renewed warmongering,' Iran's parliament speaker Mohammad Bagher Ghalibaf reportedly said in a social media post. 'We do not accept negotiations under the shadow of threats, and in the past two weeks, we have prepared to reveal new cards on the battlefield,' Ghalibaf, who is also Iran's top negotiator, added. This comes after President Donald Trump on Monday said 'lots of bombs [will] start going off' if no deal is reached before a shaky ceasefire with Tehran expires Tuesday evening, threatening Iran with overwhelming military force. The threats come even as a U.S. delegation prepared to return to Pakistan for a potential second round of peace talks. Overnight on Wall Street, stocks slipped on Monday after tensions between the U.S. and Iran escalated over the weekend. The S&P 500 shed 0.24% to close at 7,109.14, while the Nasdaq Composite declined 0.26% to finish at 24,404.39. The Dow Jones Industrial Average lost 4.87 points, or 0.01%, settling at 49,442.56. On the flip side, the small-cap Russell 2000 rose 0.58% to 2,792.96, scoring a new closing record. Traders remain hard-pressed to fully price in a worst-case scenario on the war given stocks' recovery from near correction territory to all-time highs.

Over the last 5 years, revenue has grown at a yearly rate of 10.9%, vs industry avg of 11.06%
Over the last 5 years, market share increased from 13.95% to 14.06%
Over the last 5 years, net income has grown at a yearly rate of 9.48%, vs industry avg of 9.24%