HCL Technologies: Marginally Weaker Performance, Outlook Remains Robust
We recommend a BUY on the stock and assign a 19x P/E multiple to its FY23E earnings of Rs 59.2/share which gives a TP of Rs 1,110/share, indicating...
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HCL Technologies: Revenues Impacted by Covid
HCL Technologies (HCLT) offers IT, ER&D and products to BFSI, retail, health, telecommunication, manufacturing, media & hi-tech verticals.
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HSIE Results Daily: HCL Technologies, ACC, Nippon Life India Asset Management, PSP Projects
Nippon Life India Asset Management: Revenue was 3.1% below the estimate as a consequence of pressure on revenue yields. NAM has been able to...
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Growth optionality at attractive valuation
HCLT delivered a growth of 0.7% QoQ (CC), below our estimate of 2.4%, led by weak growth in IT Services (+0.5%) and Products & Platforms (-1%), but...
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