|
23 Jun 2025 |
HCL Technologies
|
Consensus Share Price Target
|
1699.90 |
1670.18 |
- |
-1.75 |
hold
|
|
|
|
|
29 Aug 2024
|
HCL Technologies
|
Motilal Oswal
|
1699.90
|
2000.00
|
1751.85
(-2.97%)
|
Target met |
Buy
|
|
|
We attended HCLT’s Investor Day 2024 wherein the management outlined its strategic objectives and showcased its capabilities in GenAI. We believe HCLT’s go-to-market (GTM) strategy, which combines its IT Services and ER&D business offerings.
|
|
26 Jul 2024
|
HCL Technologies
|
FundsIndia
|
1699.90
|
1906.00
|
1635.35
(3.95%)
|
Target met |
Buy
|
|
|
|
|
18 Jul 2024
|
HCL Technologies
|
KRChoksey
|
1699.90
|
1668.00
|
1569.55
(8.30%)
|
Target met |
Accumulate
|
|
|
HCL Technologies reported strong Q1FY25 results beating our estimates across the board. Revenue grew to INR 2,80,570 Mn, up 6.7% YoY which beat our estimates by 1.0%, driven by the Engineering and R&D segment (+9.5% YoY) and the IT and Business service segment (+6.4% YoY).
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|
15 Jul 2024
|
HCL Technologies
|
Axis Direct
|
1699.90
|
1730.00
|
1569.60
(8.30%)
|
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.
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|
15 Jul 2024
|
HCL Technologies
|
ICICI Direct
|
1699.90
|
1600.00
|
1569.60
(8.30%)
|
Target met |
Hold
|
|
|
|
|
14 Jul 2024
|
HCL Technologies
|
IDBI Capital
|
1699.90
|
1562.00
|
1569.60
(8.30%)
|
Target met |
Hold
|
|
|
|
|
14 Jul 2024
|
HCL Technologies
|
ICICI Securities Limited
|
1699.90
|
1455.00
|
1560.20
(8.95%)
|
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.
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|
14 Jul 2024
|
HCL Technologies
|
Prabhudas Lilladhar
|
1699.90
|
1790.00
|
1560.20
(8.95%)
|
Target met |
Buy
|
|
|
|
|
12 Jul 2024
|
HCL Technologies
|
Sharekhan
|
1699.90
|
1805.00
|
1560.20
(8.95%)
|
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.
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06 Jun 2024
|
HCL Technologies
|
Axis Direct
|
1699.90
|
1550.00
|
1397.50
(21.64%)
|
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.
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