Expert says that HCL Technologies shares should be bought with target of Rs 1145
HCL Tech share price today is Rs 1038, trading flat today. Ashis Biswas, Head of Technical Research at CapitalVia Global Research says that technically after consolidation over the last two months, the stock has posted a breakout in early Apr’2021 when it sustains above Rs 1000. He said that the target price on the stock is Rs 1145
Ashis said that HCL Tech remains one of the most lucrative stocks, trading at discount to TCS / Infosys while delivering 20% earnings growth in FY21 YTD: Reuters