HCL Tech
SBI to ICICI Bank, HCL Tech to HDFC Life II Sharekhan says that the Budget was Bold and growth oriented Budget
Tue, Feb 02, 2021
The Union Budget 2021-22 highlights a significant shift in the government’s fiscal policy stance. Growth has taken precedence over fiscal prudence and the government proposes to substantially increase outlay for healthcare, infrastructure development & other capital expenditure programs. The Union Budget proposes pragmatic measures to raise resources through aggressive privatisation and monetisation of assets of public sector entities.
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TCS, Infosys, HCL Tech to Mindtree, Mphasis to Persistent, HDFC Securities thematic report on Indian IT Sector
Mon, Feb 01, 2021
HDFC Securities continue to maintain their positive outlook on the sector, following our relative optimism through last year (expanding centre of gravity: Aug’20, demand recovery in sight: Jun’20, built to last: Mar’20) and earlier. In this note, HDFC Securities examine key trends and growth prospects (top-down scenarios and long-term trends) and assess upside risk to the operating profile (margin sensitivity across key parameters).
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HCL Technologies share price: Sharekhan maintains Buy rating with a revised price target of Rs 1250
Mon, Jan 18, 2021
HCL Technologies (HCL Tech) impressed in Q3FY21, with strong all-round performance, led by improving demand for transformational initiatives and strong seasonality in its products and platforms (P&P) business. HCL Technologies reported strong qoq revenue growth of 3.5% on constant currency (CC), exceeding estimate, led by growth in IT and business services (2.7% qoq), ERD (2.5% qoq) and products & platforms segments (8.3% qoq).
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HCL Technologies Q3 FY21 results | Key guidance, Revenue to key numbers - all EXPLAINED
Fri, Jan 15, 2021
HCL Technologies management said that the technology sector is in the midst of a massive digitization wave, with more global enterprises embracing digital transformation to address the disruption of these unprecedented times. Technology has been a key enabler during the pandemic, and as we stand at the cusp of the next phase of technological innovation, it is vital that HCL Tech draws inspiration from each other’s strengths and offers back our own to create a positive impact. Businesses across industries stand at an inflection point today, as they undergo a transformation catalyzed by digital, analytics, cloud, IoT and automation.
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Infosys vs Wipro vs TCS vs HCL Tech vs Tech Mahindra: Sharekhan puts tech majors under scanner | Key risks, Top picks revealed
Wed, Jan 06, 2021
Infosys vs Wipro vs TCS vs HCL Tech vs Tech Mahindra: In a big relief, Indian IT companies are expected to deliver strong sequential revenue growth in the seasonally weak October-December quarter, led by ramp-up of large deals, higher spending on digital technologies by enterprises, gradual recovery in affected verticals and lower than expected impact of furloughs. Sharekhan expects tier-I companies to report sequential revenue growth of 1.9-3.1% on a constant currency (CC) basis and benefit by 30-50 bps qoq on rupee tailwinds.
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TCS, Infosys, HCL Tech to Wipro - how much will Indian IT industry grow, or will it? Find out
Tue, Jan 05, 2021
Infosys is Kotak’s top pick and will lead the industry on growth. Tech Mahindra is 5G, margin expansion and inexpensive valuation play. HCL Tech offers reasonable upside from current levels. Kotak believes that IT companies have done well to navigate changes post Covid and are well positioned to capitalize on ensuing opportunities. TCS and Infosys will lead the way. Wipro could be the dark horse, while HCL Tech has built in an element of predictability.
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Sensex crosses 47,000 to hit record high, TCS, HCL Tech and Wipro share prices are top gainers on Nifty
Fri, Dec 18, 2020
I.T. index has opened with gains of 1.2% courtesy strong commentary from Accenture. Infosys, TCS, HCL Tech and Wipro are the top gainers on Nifty. Also gaining is the Media index, which is up 0.5%. Most other sectoral indices are trading little changed. Broader markets too have opened with modest gains. The Nifty midcap index is up 0.2% while the Smallcap index has gained 0.4% at the start of trade. 1049 stocks on the NSE are trading with gains while 483 are trading with losses.
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CLSA on HCL Technologies, Infosys, Tech Mahindra and Jefferies on Adani Ports, ICICI Bank - Check Out Key Brokerage Notes Today
Mon, Dec 07, 2020
Strong earnings defence by most I.T. stocks appears priced-in especially for midcap names. Incremental consensus EPS upgrades to be revenue-led. Deal wins / order bookings in Q3 FY21 to be a key trigger. Elevated valuations could be a deterrent and may induce a time correction. HCL Technologies, Infosys, Tech Mahindra are preferred bottom-up stock picks for CLSA.
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CLSA India view: Stereovisual | Sees Nifty at 13,500-13,700; says ICICI Bank, Axis Bank, HDFC Bank are stocks to buy
Thu, Nov 12, 2020
The mutual positive ideas emerging from our technical and fundamental analysis are ICICI Bank, Axis Bank, HDFC Bank, Dr Reddy’s, Infosys and HCL Tech. Our fundamental view argues for a rotation into Covid-impacted sectors as economic normalisation gathers pace through 2021 and CLSA see laggards from domestic economy sectors such as banking as the chief beneficiaries of such a move.
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CLSA goes bullish on these stocks! HCL Tech, Infosys, Tech Mahindra, Ashok Leyland and Hindalco
Tue, Nov 10, 2020
Diwali 2020 festive season is in full swing and stock markets in India too are participating whole-heartedly as is evident from skyrocketing Sensex, Nifty and other indices. Big brokerage CLSA has done some research and it has identified a number of stocks that it is bullish on or wants investors to watch carefully. So, from HCL Tech, Infosys, Tech Mahindra, Ashok Leyland and Hindalco, here is a list:
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CLSA on Indian IT services, says prefers HCL Technologies, Infosys and Tech Mahindra
Tue, Nov 10, 2020
The top 5 I.T. services companies (except Wipro) reported 110-410bps QoQ EBIT margin expansion in Q2 FY21; Wipro was stable. While this was expected with normalisation of supply-side constraints that affected Q1 FY21, the beat was strong across players.
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REVEALED! Why you must watch HCL Tech, Infosys, Mphasis and Persistent Systems
Fri, Nov 06, 2020
HDFC Securities has good news for I.T. Sector. It maintains a constructive view on the I.T. sector and the preferred stock picks from Tier-1 include HCL Tech and Infosys and mid tier companies include Mphasis and Persistent systems
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Frontline IT firms face margin headwinds in Q1: Centrum
Tue, Aug 20, 2019
Tier 1 IT services, or the frontline stocks, delivered a mixed performance in the first quarter (Q1) ending June, where HCL Tech and Tech M did well in revenue, both missing margin estimates, said brokerage firm Centrum.
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Sensex slips 184 pts, Nifty ends at 12,022 ahead of RBI policy
Tue, Jun 04, 2019
Benchmark indices ended Tuesday's session with losses, weighed down by tech stocks, as investors booked profit after both Sensex and Nifty's close at heady heights in the previous session. The S&P BSE Sensex slipped 184 points, or 0.46 per cent, to 40,084, with Hero MotoCorp, HCL Tech, TCS, Asian Paints, and IndusInd Bank leading the list of losers. Out of the 30 BSE constituents, 16 ended the day in the red. The broader Nifty50 index slumped 67 points to 12,022. The market breadth was in favour of sellers. About 990 stocks declined and 789 shares advanced on the NSE.
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