Buy HCL Technologies, price target Rs 580: Chandan Taparia
The analyst suggested a stoploss at Rs 535.
Chandan Taparia of Motilal Oswal Securities has a buy call on HCL Technologies Ltd. with a target price of Rs 580.0 . The current price of HCL Technologies Ltd. is Rs 559.25 . Chandan Taparia recommended to keep a stoploss at Rs 535 .
HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 148939.51 Crore) operating in IT Software sector.
HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 25834.00 Crore to Sales Value (99.31 % of Total Sales) and Computer Hardware & Software which contributed Rs 178.00 Crore to Sales Value (0.68 % of Total Sales)for the year ending 31-Mar-2019.
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 18135.00 Crore, up 3.47 % from last quarter Sales of Rs 17527.00 Crore and up 15.52 % from last year same quarter Sales of Rs 15699.00 Crore Company has reported net profit after tax of Rs 2944.00 Crore in latest quarter.
HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 148939.51 Crore) operating in IT Software sector.
HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges which contributed Rs 25834.00 Crore to Sales Value (99.31 % of Total Sales) and Computer Hardware & Software which contributed Rs 178.00 Crore to Sales Value (0.68 % of Total Sales)for the year ending 31-Mar-2019.
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 18135.00 Crore, up 3.47 % from last quarter Sales of Rs 17527.00 Crore and up 15.52 % from last year same quarter Sales of Rs 15699.00 Crore Company has reported net profit after tax of Rs 2944.00 Crore in latest quarter.