HCL Technologies announced on October 7 that it will expand its HCL IT City campus in Lucknow with a planned outlay of ₹500 crore. The expansion, disclosed in a regulatory filing dated October 6, will add fresh capacity of up to 9.5 lakh square feet, enabling the centre to house 4,500 technology professionals. The move comes as the company celebrates the 10th anniversary of its operations, which began on October 6, 2016. The announcement is expected to keep investors’ attention on the stock ahead of the upcoming earnings release.

The regulatory filing also highlighted that the expansion will create fresh capacity of up to 9.5 lakh square feet, capable of accommodating 4,500 technology professionals. In addition, HCLTech launched the HCL‑GUVI Emerging Technology Centre at HCL IT City to equip students and professionals in the region with skills in artificial intelligence, data analytics and other emerging technologies. The company plans to train 1,000 students across Uttar Pradesh in AI and allied technologies through its LITMUS programme during FY27, reinforcing its focus on talent development.

Since commencing operations in 2016, HCL IT City has evolved into one of HCLTech’s key global delivery centres, employing more than 12,500 people and serving over 150 global enterprises. The campus has become a significant hub for the firm’s technology services, contributing to its international client base. The expansion will further strengthen its position as a major delivery node in northern India, aligning with the company’s strategy to broaden its footprint across the country.

HCLTech is scheduled to report its earnings for the July‑September quarter of the 2026‑27 financial year (Q2 FY27) on Monday, October 12. The board of directors will convene on the same day to consider the payment of the company’s third interim dividend for FY27. The earnings announcement and dividend decision are expected to provide further insight into the firm’s financial performance and shareholder returns for the current fiscal year.

Shares of HCLTech closed 0.21% higher at ₹1,204.40 per unit on the National Stock Exchange on Tuesday, October 6, following the announcement made after market close. The scrip has fallen more than 1% in the past week and 7% over the month, with a year‑to‑date decline of 26%. Its 52‑week high was ₹1,780.10 per equity share on February 3, 2026, while the lowest point in the year was ₹1,030 on July 1, 2026. As of October 6, 2026, the company’s market capitalisation stood at ₹3.27 lakh crore according to NSE data.