HCLTech awarded aviation contract; shares decline 6%
pre-market1 source ↓written by the desknot a recommendation
- on 4 Feb
- 6%
Shares of HCL Technologies Ltd fell 6% on 4 Feb amid a broader sell-off in US software stocks. The company secured a contract with Hong Kong Aero Engine Services Limited to enhance its aviation maintenance operations using the iMRO/4 solution integrated with SAP S/4HANA. This digital transformation aims to improve operational efficiency and compliance with global standards.
Not investment advice. For informational purposes only.