CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which competition does Hindustan Computers Limited planned to host recently?
A
Women’s World cup
B
IPL Cricket Cup
C
Asian Junior Tennis championship 2017
D
Football cup Championship
Explanation: 

Detailed explanation-1: -HCLTech competitors include Accenture, Wipro Limited, Cognizant Technology Solutions, Infosys and Aricent Group. HCLTech ranks 2nd in Product Quality Score on Comparably vs its competitors.

Detailed explanation-2: -HCL Tech expects growth to moderate in Q4 amid continuing challenges in Europe. HCL Tech noted that the fourth quarter of the fiscal is a seasonally weak quarter for products and therefore, growth is likely to moderate in the March 2023 ended quarter.

Detailed explanation-3: -The research analysts at Zee Business expect HCL Tech to retain 13.5-14.5 per cent CC growth guidance and 18-19 per cent EBIT (Earnings Before Income Tax) margin guidance. In this regard, even ICICI Direct believes that the IT firm is unlikely to change its revenue and EBIT margin guidance in Q3.

Detailed explanation-4: -TCS vs HCL Valuation Ratios (2020-2021) The P/E ratio of TCS in the financial year 2021 stood at 28.4, whereas, for HCL Technologies, it was at 17.9. This indicates that shares of TCS are priced slightly higher compared to HCL Technologies shares.

There is 1 question to complete.