|
02 May 2025 |
HCL Technologies
|
Consensus Share Price Target
|
1573.20 |
1665.89 |
- |
5.89 |
hold
|
|
|
|
|
15 Jul 2024
|
HCL Technologies
|
Axis Direct
|
1573.20
|
1730.00
|
1569.60
(0.23%)
|
Target met |
Buy
|
|
|
We believe there are some green shoots in the demand environment and expect to witness a pickup in demand. Moreover, supply-side constraints are expected to ease off in the medium term. Hence, we upgrade our recommendation on the stock to BUY.
|
|
15 Jul 2024
|
HCL Technologies
|
ICICI Direct
|
1573.20
|
1600.00
|
1569.60
(0.23%)
|
Target met |
Hold
|
|
|
|
|
14 Jul 2024
|
HCL Technologies
|
ICICI Securities Limited
|
1573.20
|
1455.00
|
1560.20
(0.83%)
|
Target met |
Sell
|
|
|
HCL Technologies (HCLT) has reported in-line growth and margin for Q1FY25. IT and business services declined 1.8% QoQ USD, ER&D services declined 3.7% QoQ and products and platforms fell 0.9% QoQ.
|
|
14 Jul 2024
|
HCL Technologies
|
IDBI Capital
|
1573.20
|
1562.00
|
1569.60
(0.23%)
|
Target met |
Hold
|
|
|
|
|
14 Jul 2024
|
HCL Technologies
|
Prabhudas Lilladhar
|
1573.20
|
1790.00
|
1560.20
(0.83%)
|
Target met |
Buy
|
|
|
|
|
12 Jul 2024
|
HCL Technologies
|
Sharekhan
|
1573.20
|
1805.00
|
1560.20
(0.83%)
|
Target met |
Buy
|
|
|
Reported revenues stood at $3,364 million, down 1.6% q-o-q/ up 5.6% y-o-y in constant currency (CC) terms, owing to softness in services though it beat our estimates of $3,359 million.
|
|
06 Jun 2024
|
HCL Technologies
|
Axis Direct
|
1573.20
|
1550.00
|
1397.50
(12.57%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock and assign a 19x P/E multiple to its FY26E earnings of Rs 83/share to arrive at a TP of Rs 1,550/share.The TP implies an upside of 15% from the CMP.
|
|
09 May 2024
|
HCL Technologies
|
BOB Capital Markets Ltd.
|
1573.20
|
1449.00
|
1320.05
(19.18%)
|
Target met |
Hold
|
|
|
Revenue growth guidance of 3-5% for FY25, likely to be similar to FY24
|
|
30 Apr 2024
|
HCL Technologies
|
KRChoksey
|
1573.20
|
1546.00
|
1387.40
(13.39%)
|
Target met |
Accumulate
|
|
|
HCL Technologies concluded FY24 with a weak performance. Its revenue growth fell short of our estimates by -2.4%. This was primarily attributed to decreased revenue from the ER&D and Software segments.
|
|
29 Apr 2024
|
HCL Technologies
|
Axis Direct
|
1573.20
|
1550.00
|
1387.40
(13.39%)
|
Target met |
Hold
|
|
|
We recommend a HOLD rating on the stock and assign a 19x P/E multiple to its FY26E earnings of Rs 80.3/share to arrive at a TP of Rs 1,550/share. The TP implies an upside of 5% from the CMP.
|