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HCL Technologies plans capex of $230 million for FY12
Good run to continue at TCS and HCL Tech
After good results by HCL Tech last week and Tata Consultancy Services on Monday, the verdict is out that the underperformance reported by Infosys for the March quarter, coupled with its muted outlook for 2012-13 is not a secular trend. Most large information technology company stocks, which fell by four to 12 per cent in a day after the Infosys results on March 13, have thus regained lost ground.