HCL Technologies vs Infosys: Share Price, Valuation and Results Compared

HCL Technologies Ltd (NSE: HCLTECH) and Infosys Ltd. (Infy) (NSE: INFY) are both listed in the Information Technology (IT) Consulting industry. HCL Technologies has a market capitalisation of ₹3,88,130 Cr and Infosys ₹4,70,249 Cr, as of 9 Nov 2026. Their P/E ratios are 23.5 and 16.4 respectively. Return on equity is 22.99% for HCL Technologies and 31.11% for Infosys. Over one year, HCL Technologies's share price is down 8.8% and Infosys's is down 22.3%.

HCL Technologies vs Infosys — Key Figures

MetricHCL TechnologiesInfosys
NSE SymbolHCLTECHINFY
BSE Code532281500209
Share Price₹1,407.00₹1,154.10
Market Cap₹3,88,130 Cr₹4,70,249 Cr
P/E Ratio23.516.4
Return on Equity22.99%31.11%
Return on Assets12.83%15.09%
Dividend Yield3.35%4.48%
Beta (1Y)-0.04-0.36
1-Year Price Change-8.8%-22.3%
3-Month Price Change+3.7%-2.4%
52-Week Range₹1,030.00 – ₹1,780.10₹980.40 – ₹1,728.00
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹35,620 Cr₹49,244 Cr
Quarterly Net Profit₹5,170 Cr₹7,838 Cr
Net Margin14.5%15.9%
EPS (Basic, Quarter)₹18.96₹19.32
Results Basisconsolidatedconsolidated
HeadquartersNoida, Uttar PradeshBengaluru, Karnataka

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

HCL Technologies Ltd

HCL Technologies Limited provides IT and business services, engineering and research and development services, software products, and IP-led offerings. It operates through IT and Business Services, Engineering and R&D Services, and HCL Software segments. The company provides application development, management, modernization, and testing services, as well as commercial applications; automation services, including digital integration, business process management, robotic process automation for intelligent automation, and low- and no-code services; digital process operations, such as customer ex…

Infosys Ltd. (Infy)

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and digital services in North America, Europe, India, and internationally. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, and metaverse; data analytics and AI, applied AI, generative AI, and sustainability; blockchain, engineering, and Internet of Things; enterprise agile DevOps, API economy and microservices, application modernization, cloud, digital process automation, digital supply chain, Microsoft business application and cloud busines…

Frequently Asked Questions

Which is larger by market cap, HCL Technologies or Infosys?

Infosys has a market capitalisation of ₹4,70,249 Cr, against ₹3,88,130 Cr for HCL Technologies as of 9 Nov 2026, about 1.2 times the size by market cap.

What is the P/E ratio of HCL Technologies and Infosys?

HCL Technologies has a P/E of 23.5 and Infosys a P/E of 16.4 as of 9 Nov 2026.

What is the return on equity of HCL Technologies and Infosys?

HCL Technologies has a return on equity of 22.99% and Infosys 31.11%.

How have HCL Technologies and Infosys shares moved over one year?

HCL Technologies's share price is down 8.8% over one year and Infosys's is down 22.3%.

What were the latest quarterly results of HCL Technologies and Infosys?

HCL Technologies reported revenue of ₹35,620 Cr and net profit of ₹5,170 Cr for Q2 FY27. Infosys reported revenue of ₹49,244 Cr and net profit of ₹7,838 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are HCL Technologies and Infosys in?

Both are classified under IT Services > IT Consulting and Other Services > Information Technology (IT) Consulting on FinBizNet.

Is this comparison a recommendation to buy or sell HCL Technologies or Infosys?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.