Add HCL Technologies, target price Rs 1125: HDFC Securities

Securities has add call on with a target price of Rs 1125. The current market price of HCL Technologies Ltd. is Rs 945.7. Time period given by analyst is one year when . price can reach defined target.

HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 256712.72 Crore) operating in IT Software sector.

HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2022.


For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 23873.00 Crore, up 4.19 % from last quarter Total Income of Rs 22914.00 Crore and up 17.47 % from last year same quarter Total Income of Rs 20323.00 Crore. Company reported net profit after tax of Rs 3281.00 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 60.72 per cent stake in the company as of 30-Jun-2022, while FIIs owned 17.91 per cent, DIIs 15.54 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.