NSE: HCLTECH | BSE: 532281

Mid-range Performer

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1649.60 -10.30 (-0.62%)

33.57% Gain from 52W Low

1.7M NSE+BSE Volume

NSE 19 May, 2025 3:31 PM (IST)

447,646.2

Market Cap

High in industry

0.9

Beta 1Year

Low 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.

30 Jul 2018

1649.60

-0.62%

HCL Technologies

Hold: HCL Technologies Ltd.

ICICI Securities Limited

PAT of | 2,403 crore was above our | 2,284 crore estimate led by higher other income (| 153 crore in Q1FY19 vs. | 119 crore in Q4FY18) and lower tax rate (20.6% as a percentage of PBT vs. 22.1%...

HCL Technologies Ltd. is trading above its 50 day SMA of 1549.0

HCL Technologies Ltd.

28 Jul 2018

1649.60

-0.62%

HCL Technologies (1QFY19): Nearing inflection point. Maintain BUY

Buy: HCL Technologies Ltd.

HDFC Securities

Maintain BUY with TP of Rs 1,155 (15x FY20E). HCL Tech (HCLT) posted a soft 1Q. However, guidance/deal wins are indicative of acceleration ahead. Revenue at USD 2,055mn was 2.7/8.5% QoQ/YoY in CC with impact of India-SI business decline (USD 12mn, -0.6% QoQ impact). EBIT% was flat at 19.7%, 7bps QoQ as gross margin decline (C3i integration, deal transition) was offset by lower SG&A;%. APAT at Rs 24.03bn was supported by a lower tax rate.

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

HCL Technologies Ltd.

27 Jul 2018

1649.60

-0.62%

HCL Tech

Buy: HCL Technologies Ltd.

Target

JM Financial

HCL reported organic revenue growth in 1QFY19 a tad below our estimates, likely on higher than expected pricing resets in some of the extant large contracts/renewals + delays in the start of new deals. However, a strong order booking (highest-ever') should help the growth recover through 2Q-4QFY19. Management's stance was incrementally positive and improved disclosures, especially on the IP partnerships, should help increase investors' confidence, more so, given the stock's inexpensive valuations at c.13x FY20F EPS, HCL trades at 27%/5% discount to INFO/TECHM. A 4% dividend + buyback yield also limits the downside risk....

HCL Technologies Ltd. is trading below its 100 day SMA of 1670.5

HCL Technologies Ltd.

13 Jul 2018

1649.60

-0.62%

HCL tech Buyback: High Acceptance for Retail, Promoter may participate less HCL tech an...

Daily Note: HCL Technologies Ltd.

Emkay

HCL Technologies Ltd. is trading above its 50 day SMA of 1549.0

HCL Technologies Ltd.

12 Jul 2018

1649.60

-0.62%

Buyback announced; to return 40 % of cash to shareholders

Neutral: HCL Technologies Ltd.

Motilal Oswal

HCLTs payout ratio has consistently improved to ~53% in FY18 from ~20% in FY13. In FY18, the combination of dividend and buyback (INR160b) led to a payout of 53% of PAT. While it paid out INR35b in the form of buyback, it also paid out a dividend of INR8 per share. While the buyback would take the ratio to 40% on our FY19 PAT estimate, we expect a dividend of INR10 per share for the year. Since the last year, TCS, INFO, WPRO and HCLT have all announced buybacks. While we believe the case for valuation uptick would depend on the positioning in Digital and the financial performance, an upshift in dividend payout, and the consequent yield return and improved return ratios together bode well in keeping valuations buoyant. We maintain IBM deals and/or [2] turnaround in core areas of Application Services and IMS.

HCL Technologies Ltd. is trading above its 50 day SMA of 1549.0

HCL Technologies Ltd.

25 May 2018

1649.60

-0.62%

HCL TECHNOLOGIES LTD

Hold: HCL Technologies Ltd.

Geojit Research

Management's revenue growth guidance of 9.5-11.5% in CC terms in FY19, implies organic growth of 4.25-6.25% is quite disappointing in the face of expected turnaround in the IMS business. We factor revenue CAGR of 11% over FY18-20E owing to healthy deal pipeline, traction in digital business, expected turnaround in IMS business and further investment in IP deals to broaden its product offerings. Given soft organic revenue growth guidance and continued higher inorganic...

HCL Technologies Ltd. is trading above its 50 day SMA of 1549.0

HCL Technologies Ltd.

09 May 2018

1649.60

-0.62%

HCL Tech

HCL Technologies Ltd.

SMC online

Annual Revenues cross ` 50,000 crores mark. Quarterly Revenues exceed US$ 2 billion milestone. On qoq basis, in March 2018 quarter, revenues rose 3% to Rs 13178 crore. Net profit rose 7% to Rs 2230 crore. On yoy basis, sales grew 2% and net profit was down 10%. For FY 2018 revenues rose 6% to Rs 50569 crore. Net profit rose 1% to Rs 8722 crore. The management attributed the good performance to an increase in the number of deals and...

HCL Technologies Ltd. is trading below its 100 day SMA of 1670.5

HCL Technologies Ltd.

04 May 2018

1649.60

-0.62%

result review of HCL Technologies

Accumulate: HCL Technologies Ltd.

IDBI Capital

We fine-tune FY19/20E revenue forecast and cut EPS forecast by 4.1%/3.4% factoring higher tax rate. We now forecast FY18-20 revenue (US$)/EPS of 11.5%/11.6%. With a 10% upside to our new TP of Rs1,100 (Rs1,139 earlier) based...

HCL Technologies Ltd. is trading below its 100 day SMA of 1670.5

HCL Technologies Ltd.

04 May 2018

1649.60

-0.62%

HCL Tech

Buy: HCL Technologies Ltd.

Sharekhan

in FY2018: HCL Tech reported largely in-line revenue performance with 1.2% q-o-q growth on constant currency (CC) basis to $2,011.7 million. Growth was driven by IMS (up 2.5% q-o-q CC), E&RD; (up 1.7% q-o-q CC) and BPO services (up 5.3% q-o-q CC). On reported basis, dollar revenue grew by 2.5% q-o-q during the quarter. EBIT margin for the quarter remained...

HCL Technologies Ltd. is trading above its 50 day SMA of 1549.0

Is HCL Technologies Ltd. worth buying?

1788 Votes:

Buy 85.23%

Sell 7.66%

Hold 7.1%

RESEARCH REPORTS

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Sell SEE REPORTS >

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