HCL Technologies Ltd. News and Updates

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

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HCL Technologies Ltd.

31 Oct 2016

1490.10

-1.13%

Unlisted firms need stronger norms: Experts

Economic Times

Matters at an unlisted promoter entity have direct impact on minority shareholders of a listed entity, said Vineet Nayar, former CEO of HCL Technologies.

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

HCL Technologies Ltd.

26 Oct 2016, 01:08AM

1490.10

-1.13%

Intellectual property key to future-proof business: HCL Tech CEO

livemint

C. Vijayakumar on his plans as newly appointed CEO of HCL Technologies and the IT company's strategy going forward

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

HCL Technologies Ltd.

25 Oct 2016

1490.10

-1.13%

HCL Technologies Ltd

Buy: HCL Technologies Ltd.

Angel Broking

HCL Technologies (HCL Tech) announced its results and they are more or less in line with expectations. The company posted a 1.9% sequential growth in USD revenues to US$1,722mn (V/s US$1,726mn expected and V/s US$1,691mn in 1QFY2017). On Constant Currency (CC) basis, the company posted a revenue growth of 2.8% qoq. The EBIT margins came i..

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

HCL Technologies Ltd.

24 Oct 2016

1490.10

-1.13%

Result Review of HCL Technologies Ltd

Buy: HCL Technologies Ltd.

IDBI Capital

In what we believe is a very important move, C Vijayakumar has taken over as the CEO of the company. He was earlier the COO, prior to which he headed the IMS business of the company. HCLT has extended its IP partnership with IBM to cover API/web service enablement for mainframes and would invest US$55 mn in the same. HCLT has also announced acquisition of Butler America Aerospace, LLC, for US$85 mn (in cash) at 1x CY15 sales. The acquisition is expected to be completed in Q3FY17. HCLT has reiterated it FY17 guidance, of revenue growth (Ex-consolidation of Geometric and Butler America Aerospace) of 12%-14% in CC and EBIT margin of 19.5%-20.5%....

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

HCL Technologies Ltd.

24 Oct 2016

1490.10

-1.13%

HCL Technologies

Buy: HCL Technologies Ltd.

ICICI Securities Limited

Dollar revenues grew 1.9% QoQ to $1,722million, in line with our 2.0% growth and $1,725 million estimate Revenues in rupees grew 1.6% QoQ to | 11,519 crore, in line with...

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

HCL Technologies Ltd.

22 Oct 2016

1490.10

-1.13%

HCL Technologies (2QFY17): Strategy validated. Maintain BUY

Buy: HCL Technologies Ltd.

Target

HDFC Securities

We increase FY18E US$ revenue/EPS by 1.2/0.4% to factor Butler integration and expect US$ revenue/EPS CAGR at 11.8/11.3% over FY16-19E with EBIT% at 20/20.2/20.6% for FY17/18/19E; Maintain BUY with TP Rs 950; 14x Sep-18 EPS.

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

HCL Technologies Ltd.

21 Oct 2016

1490.10

-1.13%

HCL Tech Q2 profit jumps 16.7%; C. Vijaykumar promoted to top post

livemint

HCL's second quarter revenue rose 1.6 % to Rs11,519 crore quarter-on-quarter, falling short of analyst expectations

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

HCL Tech's profit rises 16.7%

Business Standard | 21 Oct 2016 8 more

HCL Technologies Ltd.

21 Oct 2016

1490.10

-1.13%

HCL Tech CEO Anant Gupta quits, C Vijayakumar to succeed

Business Standard

Vijayakumar had been elevated to the role of COO in July this year, besides heading infrastructure services

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

We will continue to have industry-leading growth: C Vijayakumar

Business Standard | 22 Oct 2016 3 more

HCL Technologies Ltd.

21 Oct 2016

1490.10

-1.13%

HCL_Technologies-2QFY17_Result_Update

Buy: HCL Technologies Ltd.

Reliance Securities

HCL Technologies (HCLT) reiterated FY17 constant currency (CC) growth guidance of 12-14% and EBIT margin band of 19.5-20.5%. Owing to GBP depreciation, the IT major marginally cut USD guidance to 11-13% (11.2-13.2% earlier). In-line with our estimate, USD revenue rose 1.9% qoq (2.8% CC terms) to US$1,722mn, once again led by IMS (2.9% qoq), which grew 28% yoy highest in 10 quarters. IP services contributed US$4mn to total revenue. A negative was rise in attrition in both Software Services & BPO, with Software attrition of 18.6% the highest in more than a decade. EBIT margin at 20.1% was in line. HCLT acquired Butler America...