<ul data-eligibleForWebStory="false"><li>HCL Tech's shares declined by 4% following a decrease in Q1 profits, with brokerages having mixed opinions on the company's future prospects.</li><li>Motilal Oswal maintained a buy rating for HCL Tech with a target price of ₹2,000, highlighting the company's status as the fastest-growing large-cap IT services firm with a diverse portfolio.</li><li>CLSA continued to rate HCL Tech as outperform with a target price of ₹1,867, while Citi maintained a neutral stance with a reduced target price of ₹1,650 per share.</li><li>Several brokerages like Axis Securities, InCred Equities, Nuvama Institutional Equities, and Elara Capital provided varying ratings and target prices for HCL Tech based on factors like margin performance, revenue guidance, and market position relative to competitors.</li></ul>

HCL Tech shares decline 4% on Q1 profit decline, brokerages split

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