Noida-based HCL Technologies (HCL) gave a revenue outlook of 14-16 percent for FY2020, at the back of robust deal pipeline and acquisitions that are beginning pay off. However, analysts say that also critical will be how the company balances its organic strategy with its inorganic ambitions.
Yugal Joshi, Vice President, Everest Group, said the challenge for the company lies in not just acquiring companies are in line with its strategy, but how it can use them to leverage growth in the market that is fast changing.
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