HCL Tech, Tech Mahindra Lead Nifty 50 Gainers on September 10, 2025

On September 10, 2025, at 11:00 AM, the Nifty 50 index showcased a robust performance with several stocks posting gains. Leading the pack were HCL Tech and Tech Mahindra, which emerged as top performers. HCL Tech’s stock surged by 2.59% to Rs 1,464.00, while Tech Mahindra climbed 2.46% to Rs 1,535.10. Other notable gainers included Wipro, up 2.34% at Rs 254.99, TCS, also up 2.34% at Rs 3,120.80, and Shriram Finance, which rose 1.78% to Rs 605.60. This breaking news update explores the financial performance, corporate actions, and market dynamics driving these IT and finance stocks to the forefront of the Nifty 50 index.

The Indian IT sector has been a key driver of the Nifty 50’s resilience, despite global economic uncertainties and tariff-related concerns in 2025. The strong performance of HCL Tech, Tech Mahindra, Wipro, and TCS reflects investor confidence in their growth potential, fueled by robust financials and strategic corporate actions. Meanwhile, Shriram Finance’s gains highlight the strength of select financial stocks, even as Moneycontrol’s sentiment analysis on September 10, 2025, indicates a bearish outlook for the stock.

HCL Tech: A Consistent Performer

HCL Technologies Ltd. has solidified its position as a leading IT services provider, with its stock gaining 2.59% to Rs 1,464.00 on September 10, 2025. The company’s consolidated revenue for the year ending March 2025 reached Rs 117,055 Crore, up from Rs 109,913 Crore in 2024, reflecting a year-on-year growth of 6.49%. Net profit also rose significantly, from Rs 15,710 Crore in 2024 to Rs 17,399 Crore in 2025, a 10.75% increase. Quarterly results for June 2025 showed revenue of Rs 30,349 Crore, up 5.64% from Rs 28,057 Crore in June 2024, though net profit dipped slightly to Rs 3,844 Crore from Rs 4,259 Crore.

HCL Tech’s key financial metrics underscore its stability. The earnings per share (EPS) for 2025 stood at Rs 64.16, up from Rs 57.99 in 2024, while the book value per share (BVPS) increased to Rs 256.56. The return on equity (ROE) improved to 24.96%, reflecting efficient capital utilization. The company’s debt-to-equity ratio remained low at 0.03, signaling a strong balance sheet. HCL Tech’s corporate actions include an interim dividend of Rs 12.00 per share (600%) announced on July 14, 2025, effective July 18, 2025, and the appointment of Mr. Amitabh Kant as an Independent Director for a five-year term starting September 8, 2025. The company has also issued bonus shares three times in a 1:1 ratio, enhancing shareholder value.

Tech Mahindra: Rebounding with Strength

Tech Mahindra’s stock rose 2.46% to Rs 1,535.10, marking a strong recovery from earlier volatility in 2025. The company reported annual revenue of Rs 52,988.30 Crore for March 2025, a marginal increase from Rs 51,995.50 Crore in 2024. Notably, net profit surged by 77.86% to Rs 4,244.40 Crore from Rs 2,386.30 Crore, driven by operational efficiencies and strategic initiatives. Quarterly revenue for June 2025 was Rs 13,351.20 Crore, up from Rs 13,005.50 Crore, with net profit rising to Rs 1,128.30 Crore from Rs 862.20 Crore.

Tech Mahindra’s EPS improved to Rs 48.00 in 2025 from Rs 26.66 in 2024, with a BVPS of Rs 309.24. The ROE stood at 15.53%, and the debt-to-equity ratio dropped to 0.02, reflecting financial prudence. The company declared a final dividend of Rs 30.00 per share (600%) on April 24, 2025, effective July 4, 2025, and issued bonus shares once in a 1:1 ratio. Recent restructuring efforts and the incorporation of a wholly-owned subsidiary in Saudi Arabia signal Tech Mahindra’s focus on global expansion and innovation.

Wipro: Steady Growth Amid Challenges

Wipro’s stock gained 2.34% to Rs 254.99, reflecting investor optimism despite a slight revenue dip. The company’s revenue for March 2025 was Rs 89,088 Crore, down marginally from Rs 89,760 Crore in 2024. However, net profit rose significantly to Rs 13,192 Crore from Rs 11,135 Crore, a 18.46% increase. Quarterly revenue for June 2025 was Rs 22,134 Crore, up from Rs 21,963 Crore, with net profit increasing to Rs 3,331 Crore from Rs 3,041 Crore.

Wipro’s EPS for 2025 was Rs 12.56, with a BVPS of Rs 78.65 and an ROE of 15.94%. The debt-to-equity ratio was 0.20, indicating moderate leverage. The company announced an interim dividend of Rs 5.00 per share (250%) on July 17, 2025, effective July 28, 2025, and has issued bonus shares five times in a 1:1 ratio. Wipro’s strategic focus on securing large deals, such as a 500 million-pound contract with Phoenix Group, positions it for medium-term growth, despite tariff-related uncertainties impacting the IT sector.

TCS: Driving IT Sector Momentum

Tata Consultancy Services (TCS) saw its stock rise 2.34% to Rs 3,120.80, reinforcing its dominance in the IT sector. TCS reported annual revenue of Rs 255,324 Crore for March 2025, up from Rs 240,893 Crore, with net profit increasing to Rs 48,797 Crore from Rs 46,099 Crore. Quarterly revenue for June 2025 was Rs 63,437 Crore, up from Rs 62,613 Crore, with net profit rising to Rs 12,819 Crore from Rs 12,105 Crore.

TCS’s EPS reached Rs 134.19 in 2025, with a BVPS of Rs 261.76 and an ROE of 51.24%, the highest among peers. The company maintains a debt-free balance sheet with a debt-to-equity ratio of 0.00. TCS announced an interim dividend of Rs 11.00 per share (1100%) on June 27, 2025, effective July 16, 2025, and has issued bonus shares three times in a 1:1 ratio. Its partnerships in AI research and selection by the Government of Odisha for an AI-enabled financial system highlight its innovation-driven growth.

Shriram Finance: A Financial Sector Standout

Shriram Finance’s stock rose 1.78% to Rs 605.60, despite a bearish outlook from Moneycontrol’s sentiment analysis on September 10, 2025. The company’s annual sales grew from Rs 17,420 Crore in March 2021 to Rs 41,834 Crore in March 2025, with net profit rising from Rs 2,487 Crore to Rs 9,423 Crore. Quarterly revenue for June 2025 was Rs 11,536.32 Crore, up from Rs 9,604.98 Crore, with net profit at Rs 2,155.20 Crore compared to Rs 2,029.47 Crore in June 2024.

Shriram Finance announced a final dividend of Rs 3.00 per share (150%) on April 25, 2025, effective July 11, 2025, and conducted a stock split reducing the face value from Rs 10 to Rs 2. The company’s active participation in investor meetings and NCD buybacks reflects its focus on financial transparency and shareholder value, despite short-term market challenges.

Market Dynamics and Investor Sentiment

The IT sector’s strong performance on September 10, 2025, contrasts with earlier challenges in 2025, including a 20% year-to-date decline in the Nifty IT index due to U.S. tariff concerns, as reported by The Hindu BusinessLine on April 4, 2025. However, recent optimism in the banking, financial services, and insurance (BFSI) sector, with U.S. banks spending a record $9.7 billion on technology in Q2 2025, has boosted IT stocks. Analyst reports from JM Financial and Systematix highlight TCS and HCL Tech as top picks, with price targets of Rs 4,680 and Rs 1,830, respectively, signaling strong growth potential.

Shriram Finance’s gains, despite a bearish outlook, may reflect selective investor interest in undervalued financial stocks. The Nifty 50 index’s resilience, with a value of 24,840.55 on September 9, 2025, and a 52-week high of 26,277.35, underscores the market’s ability to absorb global headwinds. However, inflationary pressures and potential U.S. Federal Reserve rate adjustments remain key risks for investors, as noted in a CNBC TV18 report from August 2025.

Outlook for IT and Financial Sectors

The IT sector’s recovery is driven by strong order backlogs and increasing demand for digital transformation services. HCL Tech, Tech Mahindra, Wipro, and TCS are well-positioned to capitalize on this trend, with robust financials and strategic initiatives like AI partnerships and global expansion. Shriram Finance, despite short-term bearish sentiment, benefits from India’s growing financial services market, particularly in rural and semi-urban areas. Investors will closely monitor upcoming quarterly results and global economic developments to gauge the sustainability of these gains.