HCL Technologies Ltd
HCLTECH

793.60

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

787.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

804.85

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Buy
Reco. Price
Rs 768.50

Last updated on 25-Nov-2016

We recommend Buy rating on the stock on account of strong revenue and improvement in margins. We expect double-digit revenue growth till FY18. Stock is trading at 13.6x P/E on FY17E earning. (Target Price – Rs. 853)
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50 DMA (.)
793.11
100 DMA (.)
782.14
200 DMA (.)
783.65
Weekly Range (.)
790.00
816.90
Monthly Range (.)
736.00
827.50
52 Weeks Range (.)
706.40
889.90
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