Indian IT service outfit HCL's share price hit a record high this week, and scrip for its peers Infosys, TCS and Wipro also spiked, after the four announced quarterly results that revealed strong deal pipeline fueled by demand for AI, along with very slow headcount growth.
Wipro CEO Thierry Delaporte commented, 'Let's just say, it's been a strong performance this quarter and it gives us good optimism for the quarters to come.'
HCL CEO C Vijayakumar stated, 'HCL bucked the trend when it came to hiring this quarter...It may not seem like a big number, but the other three companies declined in headcount.'
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