NSE: HCLTECH | BSE: 532281

Mid-range Performer

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1479.60 -10.50 (-0.70%)

26.47% Fall from 52W High

1.7M NSE+BSE Volume

NSE 28 Jul, 2025 11:56 AM (IST)

401,513.9

Market Cap

High in industry

1.1

Beta 1Year

High 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.

20 Jul 2020

1479.60

-0.70%

Result Update:HCL Technologies

Buy: HCL Technologies Ltd.

Target

Axis Direct

HCL Tech a reported steady set of results in Q1 FY21. Revenue for the period of Q1 FY21 stood at Rs. 17,841 cr decline by 4% QoQ much in line with the expectations. Operating margin reported a strong growth of 250bps and stood at 25.6%. Net income declined by 7.3% QoQ and stood at Rs. 2925 cr.

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

HCL Technologies Ltd.

20 Jul 2020

1479.60

-0.70%

First Light | HDFC Bank, HCL Technologies

Buy: HCL Technologies Ltd.

BOB Capital Markets Ltd.

HDFCB: Strong enough to weather the storm. HCLT: Upbeat margin outlook

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies Ltd.

18 Jul 2020

1479.60

-0.70%

Margin beat; Encouraging guidance

Buy: HCL Technologies Ltd.

Target

Motilal Oswal

18 July 2020 HCL Technologies (HCLT) reported EBITDA margin expansion (+20bp QoQ) despite the COVID-19 disruption, which is impressive. Notably, it had reported margin expansion even in 4QFY20, when most other large companies had witnessed contraction. A decent increase in net new deal wins and a robust deal pipeline (+40% QoQ) comfort us. HCLT surprised us by reinstating revenue growth (+1.52.5% CQGR, CC) and EBIT margin guidance (19.520.5%). Maintain HCLT to better navigate the current crisis and emerge stronger on the back of an expected increase in enterprise demand for Digital Services. HCLT reported revenue (CC) / EBIT / PAT growth of 1%/30%/32% YoY v/s our estimate of 1%/17%/19% YoY. Revenue decline was in-line with estimates. As expected, Engineering Services (-9% QoQ, CC) was the biggest overhang on revenue this quarter. While the IT & Business Services segment declined ~8% QoQ (CC), the Products & Platforms business remained resilient (-2% QoQ, CC).

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

HCL Technologies Ltd.

17 Jul 2020

1479.60

-0.70%

HCL Technologies (BUY): Upbeat margin outlook

Buy: HCL Technologies Ltd.

Target

BOB Capital Markets Ltd.

HCL Tech (HCLT) reported a sharp 7.2% QoQ CC topline decline but resilient EBIT margins of 20.5% in Q1FY21.

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 Jul 2020

1479.60

-0.70%

HCL Tech

Buy: HCL Technologies Ltd.

Target

Sharekhan

HCL Tech reported largely in-line revenue performance, while EBIT margin and net profit beat our estimates. Constant currency (CC) revenue declined 7.2% q-o-q, broadly in-line with our estimates, owing to supply-side constraints due to COVID-19 (1/3rd of total revenue impact from COVID) and reduction of revenue from offshoring of a large deal. IT and business services (down 7.8% q-o-q CC) and engineering R&D; (down 9% q-o-q CC) were the key drags on revenues owing to exposure to troubled verticals and asset heavy industries. EBIT margin contracted 36bps q-o-q to 20.5%, beating our estimates, owing to increased amortisation due to...

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

HCL Technologies Ltd.

29 Jun 2020

1479.60

-0.70%

Axis Alpha: HCL Tech Ltd (BUY)

Buy: HCL Technologies Ltd.

Target

Axis Direct

We recommend a BUY on HCL Tech with a Target Price of Rs 600, an upside of ~7% from CMP of Rs. 562 and Stop Loss Rs 530.

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies Ltd.

11 May 2020

1479.60

-0.70%

HCL TECH FY 20 RESULT REVIEW

Accumulate: HCL Technologies Ltd.

Hem Securities

HCL offers its services and products through three business units - IT and Business Services (ITBS), Engineering and R&D; Services (ERS) and Products & Platforms (P&P;). ITBS enables global enterprises to transform their businesses through offerings in areas of Applications, Infrastructure, Digital Process Operations and next generational digital transformation solutions.ERS offers engineering services and solutions in all aspects of product development and platform engineering. Under P&P;, HCL provides modernized software products to global clients for their technology and industry-specific requirements...

HCL Technologies Ltd. is trading below all available SMAs

HCL Technologies Ltd.

11 May 2020

1479.60

-0.70%

HCL Technologies Limited

Results Update: HCL Technologies Ltd.

SMC online

Revenue up 0.8% in CC thanks to 7% growth in Mode 2 services, above estimates Consolidated revenue for the quarter in rupee terms was up by 2%QoQ to Rs 18587 crore (from Rs 18135 crore in quarter ended Dec 2019). Higher revenue for the quarter was largely due to 3% growth in revenue of ITBS (IT & business services) as well as 2% growth in revenue of P&P; (Products & Platforms). While the revenue of ITBS stood higher at Rs 13130 crore that of P&P; stood at Rs 2417 crore for the quarter. Meanwhile the revenue of Engineering and R&D; was flat...

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

HCL Technologies Ltd.

08 May 2020

1479.60

-0.70%

HCL Tech

Buy: HCL Technologies Ltd.

Sharekhan

HCLT reported 0.8% QoQ growth in CC terms (our estimate: 1.4%) led by 7.1% QoQ growth in Mode 2 covering up for 0.4%/1% QoQ decline in Mode 1/Mode 3. OPM improved by 60bps to 20.9% (DE: 20.3%) driven...

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

HCL Technologies Ltd.

08 May 2020

1479.60

-0.70%

Result Update:HCL Technologies

Buy: HCL Technologies Ltd.

Target

Axis Direct

HCL Technologies Ltd (HCLT) reported strong set of numbers in Q4 FY20. Revenue stood at Rs. 18,590 crs up 16.3% YoY and 2.5% QoQ. Operating profit showed a growth of 5.8% QoQ at Rs. 3,881crs while operating margin exceeded guided range of 19%-19.5% at 19.6% showing growth of 60 bps.

HCL Technologies Ltd. is trading below all available SMAs

Is HCL Technologies Ltd. worth buying?

1822 Votes:

Buy 85.29%

Sell 7.57%

Hold 7.14%

RESEARCH REPORTS

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