HCL Tech share price rises over 2% in weak market; rupee hits new low

The value buying interest in the IT stock comes as the Indian rupee hit a fresh record low on Monday dropping to more than 93.9 against the US dollar due to the higher demand for the greenback amid rising tensions in West Asia between Iran and the US.

The frequent attacks on key energy infrastructure in the region is spiking oil prices and increasing the demand for the US dollar in the market. With the Indian currency touching a new low against the greenback, this benefits the Indian exporters like HCL Tech which outsources its services to clients from foreign nations in exchange of payment in dollars.

HCL Tech stock surged 2.3% to hit its intraday high level of ₹1,365 during the stock market session, compared to ₹1,333.70 at the previous market close, according to the NSE data.

With trade volumes rising above 5.1 million and the stock hovering over its year-low levels of ₹1,297.70, the investors interest is likely rising in the company on the backdrop of strong financials.

Financial snapshot & ESG update

HCL Technologies’ consolidated financial statements for the October to December quarter showed that the IT company’s net profits dropped 11% to ₹4,082 crore, compared to ₹4,594 crore in the same period the previous financial year.

The data also showed that the company witnessed a one time impact of ₹956 crore from the central government’s new labour code updates during the period.

The consolidated statements also showed that the IT major’s revenue from core operations jumped over 13% YoY to ₹33,872 crore as of the third quarter, compared to ₹29,890 crore in the same period a year ago.

After the trading session on last week’s Friday, HCL Tech announced that the HCL Tech grant has increased its investment outlay for the social responsibility areas with four non-government organisations (NGOs) set to receive ₹5 crore each, and eight NGO will get ₹50 lakh each for their proposed projects.

“Congratulations to the winning NGOs and we wish them the very best for their mission to bring visible and inclusive changes to the communities they are working in,” said Dr. Nidhi Pundhir the Director of HCL Foundation.

HCL Tech stock price

HCL Tech shares were trading 2.16% higher at ₹1,362.50 as of 3:13 p.m. on Monday, compared to 1,333.70 at the previous market session, according to NSE data. The company announced the ESG update after market operating hours last week.

Shares of the IT company have delivered more than 38% returns on their investment in the last five years, and over 27% returns in three years, NSE data showed. However, the shares of HCL Tech have lost 13.14% in the last one year.

On a year-to-date (YTD) basis, the company’s stock is down 16.75%, and has lost 4.59% in one month. HCL Tech shares were trading 2.42% higher over the last five market sessions on the Indian stock market.

IT major HCL Tech’s shares hit their 52-week high at ₹1,780.10 on February 3, 2026, while the 52-week low level was at ₹1,297.70 last week on March 17, 2026, according to the exchange data. The company’s market-capitalisation (M-Cap) was at more than ₹3.69 lakh crore as of Monday’s trading session.