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    Buy HCL Technologies, target price Rs 1230: HDFC Securities

    Synopsis

    HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2021.

    Agencies
    Promoters held 60.3 per cent stake in the company as of March 31, 2021, while FIIs held 24.1 per cent, DIIs 10.5 per cent and public & others 5 per cent.
    HDFC Securities has buy call on HCL Technologies with a target price of Rs 1230. The current market price of HCL Technologies Ltd. is Rs 1135.

    Time period given by analyst is one year when HCL Technologies Ltd. price can reach defined target.
    HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 307797.46 Crore) operating in IT Software sector.

    Did you Know?

    Stock score of HCL Technologies Ltd moved down by 1 in a month on a 10-point scale.

    View Latest Stock Report »
    HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2021.

    Financials
    For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 20323.00 Crore, up 2.20 % from last quarter Total Income of Rs 19885.00 Crore and up 12.05 % from last year same quarter Total Income of Rs 18137.00 Crore. Company reported net profit after tax of Rs 3213.00 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 60.3 per cent stake in the company as of March 31, 2021, while FIIs held 24.1 per cent, DIIs 10.5 per cent and public & others 5 per cent.
    (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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