HCL Technologies Ltd. News and Updates

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

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HCL Technologies Ltd.

20 Feb 2016

1490.10

-1.13%

HCL Technologies: IT's a steal

Business Line

Good revenue and increase in the number of new clients give it the edge

Motilal Oswal released a Buy report for HCL Technologies Ltd. with a price target of 2000.0 on 22 Jul, 2025.

HCL Technologies Ltd.

18 Feb 2016

1490.10

-1.13%

HCL Tech: more cash for bigger acquisitions?

livemint

With growth slowing down, even in HCL's otherwise fast-growing infrastructure management services business, it looks like buying growth is increasingly being discussed in the boardrooms of Indian IT services firms

Motilal Oswal released a Buy report for HCL Technologies Ltd. with a price target of 2000.0 on 22 Jul, 2025.

HCL Technologies Ltd.

17 Feb 2016

1490.10

-1.13%

For HCL Tech, Volvo IT buy is a mega deal, says PankajTagra

Business Line

The IT major expects to make significant gains in France and Nordic markets

Number of FII/FPI investors decreased from 1480 to 1464 in Jun 2025 qtr

HCL Technologies Ltd.

16 Feb 2016

1490.10

-1.13%

HCL Technologies acquires Volvo Group's external IT business

livemint

With the acquisition, HCL will add 40 new customers from the Nordics and France

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies plans to sell shares in the US this year

Economic Times | 17 Feb 2016 5 more

HCL Technologies Ltd.

05 Feb 2016

1490.10

-1.13%

Lucknow is next IT hub in UP after Noida: HCL Tech

Business Standard

HCL Tech today said Lucknow is on way to becoming next IT hub in Uttar Pradesh after Noida

Number of FII/FPI investors decreased from 1480 to 1464 in Jun 2025 qtr

HCL Technologies Ltd.

01 Feb 2016

1490.10

-1.13%

HCL Technologies Ltd.

Buy: HCL Technologies Ltd.

Ashika Research

HCL Tech reported in-line quarterly earnings in 2QFY16, consolidated revenues grew by 11.4% YoY and 2.4% QoQ to Rs. 103.4bn. Constant currency terms, revenues grew by 9.3% YoY...

Motilal Oswal released a Buy report for HCL Technologies Ltd. with a price target of 2000.0 on 22 Jul, 2025.

HCL Technologies Ltd.

27 Jan 2016

1490.10

-1.13%

HCL Technologies fully acquires UK firm and promoter group company

livemint

HCL Technologies acquires UK-based Point to Point Ltd and Point to Point Products Ltd for about Rs78 crore

HCL Technologies Ltd. has an average target of 1748.23 from 13 brokers.

HCL Technologies acquires UK's P2P for 78 crore

Business Line | 27 Jan 2016 4 more

HCL Technologies Ltd.

27 Jan 2016

1490.10

-1.13%

HCL Tech 27Jan2016

Neutral: HCL Technologies Ltd.

Recommendation Target

Phillip Capital

Outlook and valuation: We maintain our neutral stance on cannibalisation of its IMS revenues its largest source of incremental growth over the last three years by aggressivecloudserviceproviderssuchasAWSandIBM.Lackofasimilargrowthengine...

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies Ltd.

27 Jan 2016

1490.10

-1.13%

HCL Technologies Ltd- Research Report

Buy: HCL Technologies Ltd.

Angel Broking

HCL Technologies (HCL Tech) reported better-than-expected results for 2QFY2016. It posted a sales growth of 1.4% qoq to US$1,566mn V/s an expected US$1,568mn. In constant currency (CC) terms, revenue grew 2.1% qoq. On the operating front, the EBITDA margin came in at 21.5% (V/s an expected 20.9%) an uptick of 58bp qoq. Consequently, the PAT came in at Rs1,920cr (V/s an expected Rs1,739cr), a growth of 5.3% qoq. On back of a strong order book, the company expects 2HFY2016 to be better than 1HFY2016. We maintain our Buy recommendation on the stock with a price target of Rs1,038. Quarterly highlights: The company has reported better-than-expected results for the quarter. It posted a sales growth of 1.4% qoq to US$1,566mn V/s an expected US$1,568mn. In constant currency (CC) terms, revenue grew 2.1% qoq. In CC terms, the key geography which drove sales was Americas, which grew 5.5% qoq; while Europe and ROW posted a dip of 2.4% qoq and 3.4% qoq, respectively. On the operating front, the EBITDA margin came in at 21.5% (V/s an expected 20.9%) an uptick of 58bp qoq. Consequently, the PAT came in at Rs1,920cr (V/s an expected Rs1,739cr), a growth of 5.3% qoq. On the productivity...

HCL Technologies Ltd. has an average target of 1748.23 from 13 brokers.

HCL Technologies Ltd.

20 Jan 2016

1490.10

-1.13%

EARNINGS UPDATE - HCL TECH

Buy: HCL Technologies Ltd.

Chola Wealth Direct

Background: HCL Tech is the 4th largest IT services exporter offering offshore IT Services. 2QFY16: Revenue split: North America: 61%, Europe: 29.9% & ROW: 9.1%. Service Mix: Application development & maintenance: 40%, Infrastructure Services: 36%, Engineering and R&D; services: 18.6%, Business process management: 5.5%. Revenue share by industry Mix: Manufacturing: 31.5%, BFSI: 25.90%, Retail & CPG: 9.5%, Life Science & Healthcare: 12.2%, Public Services: 10.6%, media & Entertainment: 9.7% and others: 0.6%. Fixed Price Contracts account for 57%, Time & Materials: 43%. Top 5 client accounts: 13.6%, Top 10 clients: 21.7% and top 20...