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HCL Technologies Ltd. is expected to clock a lacklustre performance for the quarter ended September as cross-currency tailwinds and healthy deal wins will not be enough to offset the weakness in the high-margin products and platforms vertical, and impact of a stake sale in a joint venture. The company is widely expected to retain its guidance of revenue growth of 3.0-5.0% in constant currency terms and operating margin of 18.0-19.0% for 2024-25 (Apr-Mar).
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