HCL Technologies Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of HCL Technologies Ltd. authored by Bonanza and published by - Trendlyne research reports.
Item: HCL Technologies Ltd.
Rating: 5
Author: Bonanza

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HCL Technologies Ltd.

13 Jul 2023

1717.60

-0.64%

Sharp miss across; No guidance cut; H2 to be strong

Buy: HCL Technologies Ltd.

Bonanza

HCLT disappointed with overall miss. The disappointment was on account of a sharp ramp-down in the technology and telecom segments, where revenues declined significantly. Despite a weak Q1, HCLT has retained its FY24 revenue and EBITM guidance of 6-8% and 18-19%. This implies CQGR of 3.1-4.4% over Q2-Q4 — a steep ask, given the current environment.

HCL Technologies Ltd. has an average target of 1785.77 from 13 brokers.

HCL Technologies Ltd.

13 Jul 2023

1717.60

-0.64%

HCL Technologies

Results Update: HCL Technologies Ltd.

SMC online

HCL Technologies Ltd. has an average target of 1785.77 from 13 brokers.

HCL Technologies Ltd.

13 Jul 2023

1717.60

-0.64%

HCL Technologies (HOLD): Weak Q1 but full-year guidance retained a tall order

Hold: HCL Technologies Ltd.

Recommendation

BOB Capital Markets Ltd.

Q1 revenue missed estimates largely due to a slowdown in ER&D services and the telecom & media vertical

Number of FII/FPI investors decreased from 1512 to 1480 in Mar 2025 qtr

HCL Technologies Ltd.

13 Jul 2023

1717.60

-0.64%

Despite sharp miss, no guidance cut implies potential sharp earnings pick-up ahead; upgrade to BUY

Buy: HCL Technologies Ltd.

Recommendation Target

ICICI Securities Limited

HCL Tech (HCLT) has reported Q1FY24 revenue at US$3,200mn, down -1.1% QoQ in US$ and down 1.3% QoQ in CC terms below our/consensus estimate of 0%/0.8% QoQ CC growth. Softness in revenue growth was led by decline in ER&D (16% of revenue) by 5.2% QoQ CC, in IT and business services (75% of revenue) by 0.1% QoQ CC and in software products and platforms by 3.1% QoQ CC.

HCL Technologies Ltd. has an average target of 1785.77 from 13 brokers.

HCL Technologies Ltd.

13 Jul 2023

1717.60

-0.64%

Result Update:HCL Technologies

Hold: HCL Technologies Ltd.

Recommendation Target

Axis Direct

Global uncertainties leading to delayed spending decisions pose a challenging environment to HCL Tech and will impact its performance in the near term. Moreover, supply-side constraints will take some more time to ease off. Hence, we recommend a HOLD rating on the stock.

HCL Technologies Ltd.'s price crossed above 200Day SMA today

HCL Technologies Ltd.

13 Jul 2023

1717.60

-0.64%

Disappointing 1Q, but attractive valuation factors in weak FY24

Buy: HCL Technologies Ltd.

Target

Motilal Oswal

HCL Technologies Ltd. is trading below its 200 day SMA of 1732.3

HCL Technologies Ltd.

12 Jul 2023

1717.60

-0.64%

Earnings Call

HCL TECHNOLOGIES LTD. - 532281 - Audio Recording Of The Conference Call Held On July 12, …

BSE India

In terms of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Audio recording of the conference call held on July 12, 2023, post the announcement of the financial results of the Company for the quarter ended June 30, 2023, has been uploaded on Company''s website.

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