NSE: HCLTECH | BSE: 532281

Mid-range Performer

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1460.50 -5.20 (-0.35%)

27.42% Fall from 52W High

1.5M NSE+BSE Volume

NSE 03 Sep, 2025 2:40 PM (IST)

396,330.8

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

HCL Technologies Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HCLTECH, BSE:532281 HCL Technologies Ltd.

HCL Technologies Ltd.

28 Jul 2017

1460.50

-0.35%

HCL Technologies

Hold: HCL Technologies Ltd.

ICICI Securities Limited

Revenues in rupees grew 0.8% QoQ to | 12,149 crore, largely in-line with our 1% QoQ growth and | 12,175 crore estimate At 20.1%, EBIT margins increased 10 bps QoQ and were above our 50 bps decline and 19.5% estimate....

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

HCL Technologies Ltd.

27 Jul 2017

1460.50

-0.35%

HCL Technologies (1QFY18): Strong operating performance. Maintain BUY

Buy: HCL Technologies Ltd.

HDFC Securities

Maintain BUY with a TP of Rs 980, 14x FY19E. HCL Tech (HCLT) posted revenue of USD 1,884mn in 1QFY18, 3.7% QoQ, based on 2.7% CC (~1.3% organic), with BFSI and Retail & CPG verticals at 5.3% and 4.9% respectively. Though IMS recovered to 1.7% (0.9% QoQ in 4Q), there are near-term headwinds. Operating performance was strong, with EBIT% at 20.1%, supported by a better mix (higher IP and lower BPM) and productivity gains (utilisation at 86%). HCLT maintained its guidance of 10.5-12.5% CC revenue growth for FY18E, implying CQGR of 2 to 3.2%.

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies Ltd.

27 Jul 2017

1460.50

-0.35%

HCL Technologies-1QFY18 Result Update

Buy: HCL Technologies Ltd.

Reliance Securities

HCL Technologies (HCLT) has delivered a healthy performance in 1QFY18 with USD revenue growing by 3.7% QoQ (2.6% QoQ in CC terms) to US$1,884mn, marginally ahead of our estimate of US$1,873mn. Aided by revenue growth and slightly improved utilisation, its EBIT margin beat our estimate by 77bps. Maintaining CC revenue growth guidance at 10.5-12.5%, the IT major expects EBIT margin in 19.5-20.5% range for FY18E. Engineering Services drove quarterly growth with revenue rising by as much as 8.8% QoQ (+7.9% in CC terms), while the key IMS segment grew by 3.2% QoQ (+1.7% QoQ in CC terms). Continued decline in attrition in the Software Services segment at 16.2% (vs. 16.9%n in 4QFY17) is a major positive, in our view....

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies Ltd.

17 May 2017

1460.50

-0.35%

Result Update:HCL Technologies

Hold: HCL Technologies Ltd.

Axis Direct

Q4FY17 was marked by continued momentumin core verticals (BFSI, Manufacturing), 8 transformational deal wins, strong execution (utilization up 110bps QoQ) and seamless integration of acquisitions.

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

HCL Technologies Ltd.

15 May 2017

1460.50

-0.35%

Result Updates

Buy: HCL Technologies Ltd.

Target

Angel Broking

The company posted 4QFY2017 results better than expected. In US$ terms, the revenues came in at US$1,817mn (v/s US$1,810mn expected) v/s US$1,745mn in 3QFY2017, a qoq growth of 4.1%. On Constant Currency (CC) basis, company posted a 3.8% qoq growth. On the operating front, EBIT came in at 20.0% (v/s 20.1% expected) v/s 20.4% in 3QFY2017, ..

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies Ltd.

12 May 2017

1460.50

-0.35%

HCL Technologies (4QFY17): Growth leadership & valuation comfort. Maintain BUY

Buy: HCL Technologies Ltd.

Target

HDFC Securities

HCL Tech delivered strong revenue growth ( 3.8% QoQ CC), in-line with expectations, and a steady operating performance (20% EBIT%). The co absorbed the acquisition impact (Butler and Geometric) with higher efficiencies (utilisation increase of 110bps). HCLTs guidance implies 2.1-2.9% CQGR in FY18E, led by Digital services and Products & platform (18.6% of revenue).

HCL Technologies Ltd. has an average target of 1735.08 from 12 brokers.

HCL Technologies Ltd.

12 May 2017

1460.50

-0.35%

HCL Technologies

Hold: HCL Technologies Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research HCL Tech reported its Q4FY17 operating performance in line with our estimates. US$ revenues grew 4.1% QoQ to $1,817 million, in line with 4.2% growth and $1,818 million estimate Revenues in rupees grew 2.0% QoQ to | 12,053 crore, below our 3% QoQ growth and | 12,164 crore estimate...

HCL Technologies Ltd. has an average target of 1735.08 from 12 brokers.

Is HCL Technologies Ltd. worth buying?

1834 Votes:

Buy 85.39%

Sell 7.52%

Hold 7.09%

RESEARCH REPORTS

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