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"Once the acquisitions get completed, we expect $5-5.5 billion on the top line on a gross basis and $2-2.5 billion on the net basis. So that is the kind of number and all these acquisitions that we have announced are also EPS accretive. So, we do see good growth coming in through these acquisitions."

"HCLTech is pleased to announce the signing of a new mega deal with a Global 100 corporation today. We expect this deal to have a positive revenue impact over the next six years beginning in November 2023 with an estimated new total contract value of US$ 2.1 billion over the term," the company said in an exchange filing.

The Relative Strength Index of the stock stood at 33.2 on Friday.

The board of the Kolkata-based hotels-to-cigarettes major has already given in-principle approval to the demerger and details of the scheme of arrangement is likely to be announced this Monday following a board meeting to announce the June quarter results.

ETMarkets is evaluating stocks from the BSE smallcap pack that have maintained a steady 20% profit margin over the last four consecutive quarters (September 2022 to June 2023).

However, the firm, on Wednesday, reported a standalone net profit of Rs 232 crore for the quarter ended June 2023, down 5% from Rs 245 crore posted in the previous year period.

"There is good demand in microfinance. In the first quarter, we have a little slowdown because there were some concerns about liquidity, even though there was no liquidity challenge, but those concerns are addressed. Now we have good liquidity for the company and we are targeting a growth of around 30-35% in Asirvad."

A total of 107,153 shares changed hands on the counter till time (IST).

The stock quoted a 52-week high of Rs 1101.55 and a 52-week low of Rs 793.7.

A total of 11,166 shares changed hands on the counter till time (IST).