1659.9000 -36.10 (-2.13%)
NSE May 16, 2025 15:31 PM
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HCL Technologies Ltd.
17 Nov 2021, 12:00AM
1659.90
-2.13%
Motilal Oswal
We expect the robust performance in HCL's Services business, especially the ER&D vertical, to continue as the demand environment remains favorable. We also draw comfort from improving management commentary on continued growth momentum in the IT Services business. Sustainable demand momentum for Cloud and Digital Engineering benefits HCLT, given its large presence within IMS and ER&D and continued investments in capabilities. Strong headcount additions and deal wins reflects the management's confidence on a sustainable growth momentum....
HCL Technologies Ltd. is trading above its 50 day SMA of 1547.5
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