Is HCL Technologies a good share to buy?

Is HCL Technologies a good share to buy?

Motilal Oswal We maintain our buy rating.” At 09:16 hrs HCL Tech was quoting at Rs 1,117.00, up Rs 17.40 or 1.58 percent on the BSE. Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management.

Will HCL stock go up?

HCL Technologies Limited quote is equal to 1015.350 INR at 2022-06-10. Based on our forecasts, a long-term increase is expected, the “HCLTECH” stock price prognosis for 2027-06-07 is 2524.480 INR. With a 5-year investment, the revenue is expected to be around +148.63%.

Why HCL Tech shares are falling?

The street is dumping HCL Tech shares because its employees are leaving at a faster rate than ever before. Shares plunged nearly 7% as the shrinking margin disappointed investors. Revenue for the Noida-based IT services firm grew a strong 7% after adjusting foreign exchange fluctuations.

What is the target of HCL Tech?

Kotak Securities has buy call on HCL Technologies with a target price of Rs 1110. The current market price of HCL Technologies is Rs 1071.95. Time period given by analyst is Intra Day when HCL Technologies Ltd. price can reach defined target.

Is HCL Tech good for long term?

Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. We can see that in the last three years HCL Technologies grew its EPS by 8.7% per year. That’s a good rate of growth, if it can be sustained.

Is HCL good for long term?

Sharing technical chart pattern of HCL Tech stocks Kapil Goenka, Director, CM Goenka Stock Brokers said, “HCL Tech is a strong long term bullish IT stock. It has given a good break out on upper side. On technical front it has formed a higher top & higher bottom pattern.

Is HCL Tech undervalued?

Price to Book Ratio PB vs Industry: HCLTECH is overvalued based on its Price-To-Book Ratio (4.4x) compared to the IN IT industry average (2.5x).

Is HCL a good company?

HCL Technology is a good company in terms pressure of work and culture. HCL Technology is a very good company, There is work life balance and you will enjoy. Basically it depends upon case to case and project in which you are working.

Is mindtree a good stock to buy?

It has a Neutral rating on the IT stock with target price of ₹4,230. Considering rich valuations, brokerage Emkay has maintained Hold rating on the stock with a target price of ₹4,400 per share (from ₹4,300 earlier).

Is HCL stock overvalued?

Price to Book Ratio PB vs Industry: HCLTECH is overvalued based on its PB Ratio (4.6x) compared to the IN IT industry average (2.5x).

Which company gives best return?

Highest returns in 5 year