HomeGeneralBuy HCL Technologies, target price Rs 1430: Emkay Global

Buy HCL Technologies, target price Rs 1430: Emkay Global

Synopsis

HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 312220.74 Crore) operating in IT Software sector.

ETtech
Promoters held 60.33 per cent stake in the company as of 31-Dec-2021, while FIIs owned 20.43 per cent, DIIs 13.73 per cent.

Emkay Global has buy call on HCL Technologies Ltd. with a target price of Rs 1430. The current market price of HCL Technologies Ltd. is Rs 1151.55. Time period given by analyst is one year when HCL Technologies Ltd. price can reach defined target.

HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 312220.74 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-2021.

Financials


For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 22586.00 Crore, up 8.09 % from last quarter Total Income of Rs 20895.00 Crore and up 15.88 % from last year same quarter Total Income of Rs 19491.00 Crore. Company reported net profit after tax of Rs 3448.00 Crore in latest quarter.

Promoter/FII Holdings

Promoters held 60.33 per cent stake in the company as of 31-Dec-2021, while FIIs owned 20.43 per cent, DIIs 13.73 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.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

moreless

Pick the best stocks for yourself

Powered by

Read More

  • Tags
  • target
  • Technologies

LEAVE A REPLY

Please enter your comment!
Please enter your name here