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HCL Tech shares zoom 6% after $1.14 billion AI deal with Fortune Global 50 firm

Posted on July 3, 2026
By Business News Today
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1 min read

HCL Tech shares zoom 6% after $1.14 billion AI deal with Fortune Global 50 firm

HCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace and networks. This new business, spanning July 2026 to December 2031, boosts HCL Tech's prospects. The company also recently invested in AI startup Sarvam AI. Despite a slight miss on FY26 revenue guidance, Q4 saw a 4.2% net profit increase.