Reduce HCL Technologies: target of Rs 1330: ICICI SecuritiesMoneycontrol • 6 days ago
ICICI Securities recommended reduce rating on HCL Technologies with a target price of Rs 1330 in its research report dated April 27, 2024.
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Prabhudas Lilladher recommended accumulate rating on HCL Technologies with a target price of Rs 1550 in its research report dated April 28, 2024.
Motilal Oswal is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1700 in its research report dated April 27, 2024.
Religare Retail Research is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1777 in its research report dated April 27 2024.
Analysts say HCLTech's weaker-than-expected FY25 growth guidance hints at near-term headwinds for the IT services company
HCL Software will deploy the HCL Unica platform to enable SBI to digitally
Revenue growth will be driven by the services business, which was boosted by the Verizon deal. In August 2023, HCL Tech signed a $2.1 billion deal with Verizon to provide managed network solutions to its global enterprise customers.
Experts are hopeful of further uptrend towards 22,700-22,800 in the coming sessions, with support at 22,300-22,200 levels, and the volatility index diving to November 2023 lows
Aside from the ratings upgrades awarded by JPMorgan, the brokerage also remains overweight on LTIMindtree and Infosys.
HCLTech to enable 25,000 engineers on Gemini for Google Cloud to help 'mutual clients innovate and optimise their businesses with GenAI'