|
31 Jul 2025 |
HCL Technologies
|
Consensus Share Price Target
|
1476.50 |
1697.30 |
- |
14.95 |
hold
|
|
|
|
|
16 Jan 2024
|
HCL Technologies
|
SMC online
|
1476.50
|
|
1555.45
(-5.08%)
|
|
Results Update
|
|
|
|
|
15 Jan 2024
|
HCL Technologies
|
Axis Direct
|
1476.50
|
1610.00
|
1588.20
(-7.03%)
|
Target met |
Hold
|
|
|
Recommendation: Global uncertainties leading to delayed spending decisions pose a challenging environment to HCL Tech and will impact its performance in the near term. Moreover, supply-side constraints will take some more time to ease off. Hence, we recommend a HOLD rating on the stock.
|
|
13 Jan 2024
|
HCL Technologies
|
Motilal Oswal
|
1476.50
|
1880.00
|
1540.80
(-4.17%)
|
Target met |
Buy
|
|
|
|
|
12 Jan 2024
|
HCL Technologies
|
Sharekhan
|
1476.50
|
1780.00
|
1588.20
(-7.03%)
|
Target met |
Buy
|
|
|
|
|
01 Nov 2023
|
HCL Technologies
|
Geojit BNP Paribas
|
1476.50
|
1386.00
|
1258.95
(17.28%)
|
Target met |
Hold
|
|
|
|
|
13 Oct 2023
|
HCL Technologies
|
SMC online
|
1476.50
|
|
1255.90
(17.57%)
|
|
Results Update
|
|
|
|
|
13 Oct 2023
|
HCL Technologies
|
Motilal Oswal
|
1476.50
|
1410.00
|
1255.90
(17.57%)
|
Target met |
Buy
|
|
|
|
|
13 Oct 2023
|
HCL Technologies
|
ICICI Securities Limited
|
1476.50
|
1295.00
|
1223.75
(20.65%)
|
Target met |
Accumulate
|
|
|
HCLT has reported weaker-than-expected revenue growth of 1% QoQ CC (vs I-SEC estimate of 1.9%) in Q2FY24 due to weakness in products and platform business (-4% QoQ CC). Revenue growth revived in services business with 0.9% QoQ growth in IT services and 5% (1.6% organic) QoQ CC growth in ER&D vs a decline in Q1FY24 (exhibit 4).
|
|
13 Oct 2023
|
HCL Technologies
|
IDBI Capital
|
1476.50
|
1165.00
|
1255.90
(17.57%)
|
|
Hold
|
|
|
|
|
13 Oct 2023
|
HCL Technologies
|
Axis Direct
|
1476.50
|
1250.00
|
1255.90
(17.57%)
|
Target met |
Hold
|
|
|
Global uncertainties leading to delayed spending decisions pose a challenging environment to HCL Tech and will impact its performance in the near term. Moreover, supply-side constraints will take some more time to ease off. Hence, we recommend a HOLD rating on the stock.
|