Growth acceleration to compensate for margin hit
HCLT delivered an exceptionally strong revenue growth of 7.6% QoQ CC in 3QFY22, 310bp above our estimate, led by its troubled Products and...
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HSIE Results Daily: HCL Technologies
We maintain our BUY rating with a target price of INR 1,485, valuing the HCLT stock at 22x Mar-24E EPS, factoring in +13/14% CAGRs in revenue/EPS...
232 Views
Services strength to cushion any Product softness
We expect the robust performance in HCL's Services business, especially the ER&D vertical, to continue as the demand environment remains favorable....
310 Views
HCL Technologies: Minimum 75% Payout for FY22-26
HCL Technologies (HCLT) offers IT, ER&D and products to BFSI, retail, health, telecommunication, manufacturing, media & hi-tech verticals.
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HCL Technologies: Marginally Weaker Performance; Outlook Continues to Be Robust
We recommend a BUY on the stock and assign a 21x P/E multiple to its FY24E earnings of Rs 65.8/share which gives a TP of Rs 1,390/share, indicating...
141 Views