HCL Technologies Ltd.
Share Price Target & Analysis

NSE:HCLTECH

1882

VWAP

1846.35

Open

1836.35

Close

1902

High

1836.5

Low

1902

52 Week High

1897.10
60.75 (3.31%)

HCLTECH

(IT)
98.5% Momentum

Trending & Favourite

1235

52 Week Low

43.51

EPS

36.41

PE

13.04

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: HCLTECH Share Price Financial Analysis & Valuation

HCL Technologies Ltd. (HCLTECH) is broadly categorized in IT segment industry which deals in Computers - Software vertical. It is one of Large Cap company with Market Capitalization of Rs 292220 (in Cr). Total number of free float shares are 135.6 (in Lacs). HCL Technologies Ltd. is listed on NSE with Exchange ID - INE860A01027 and trading code is NSE:HCLTECH with short name HCL Tech.

HCL Technologies Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. HCLTECH is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

HCL Technologies Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. HCLTECH is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

HCL Technologies Ltd. is good enough to Outperformed the market. HCLTECH gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

HCL Technologies Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, HCL Technologies Ltd. has declared an equity dividend of Rs 52 per share. At the current share price of HCLTECH at Rs 1897.10, this results in a dividend yield of 2.74 %.

As per the Fundamental Analysis of NSE:HCLTECH, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HCLTECH underlying value and future prospects. All of this data is available in HCLTECH financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HCLTECH, it is clearly understood that HCLTECH is Economical performer in terms of earnings and profit margins with an EPS of 43.51. NSE:HCLTECH book value per share as of today is 145.45. The current price to book ratio for HCLTECH as of Nov 22, 2024 is 13.04.

Valuation of the Stock: The current valuation of HCLTECH stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HCLTECH whether to BUY this stock at current valuation. The delivery percentage of HCLTECH is 53.15% is very crucial parameter which shows that 53.15% investors are anticipating that the price of HCLTECH share should go up with VWAP at 1882.

Now, the main question is whether to BUY or SELL, NSE:HCLTECH at current valuation.
As per latest Analysis No. #3553:-

STRONG BUY HCLTECH if All Greens

BUY HCLTECH (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD HCLTECH (With Stop Loss) if only 1 Green

SELL HCLTECH if NO Green Indicator

NSE: HCLTECH Share Price Today (Nov 22, 2024)

(HCL Technologies Ltd. Daily Analysis on the basis of HCLTECH Intraday Graph & Trend)

HCL Technologies Ltd. share price moved Up by 3.31% from its previous close of Rs 1836.35. HCLTECH stock last traded price is 1897.10. HCLTECH share price trend is Up with a total of 2765320 stocks traded till now. It has touched an intraday high of Rs 1902 and an intraday low of Rs 1836.5. The HCLTECH trading at 1897.10, Up by Rs. 60.75, or 3.31 percent which suggests that most of the Traders are anticipating that the price of HCLTECH share should go Up.

NSE: HCLTECH Share Price Tomorrow Prediction

(HCL Technologies Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HCLTECH)

HCL Technologies Ltd. share price moved Up by 3.31%. HCLTECH share price short term trend is Up. It suggests that HCLTECH Share Price for Tomorrow remains the same with VWAP at 1882 will be treated as stop loss for intraday traders. HCL Technologies Ltd. Long term investors can follow the HCLTECH long term trend as mentiond in future forecast table.

NSE Code

NSE: HCLTECH

HCLTECH Share Price Today

1897.10

HCLTECH Share Price Target Prediction for 2024 ^

1507.4 - 1911.4

HCLTECH Share Price Target Prediction for 2025*^

1911.4 - 2036.3

HCLTECH Share Price Target Prediction for 2026*^

2036.3 - 2178.8

HCLTECH Share Price Target Prediction for 2027*^

2288

HCLTECH Share Price Target Prediction for 2028*^

2353

HCLTECH Share Price Target Prediction for 2030*^

2565
HCLTECH Current Book Value 2023
144.7

*HCL Technologies Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.

^HCLTECH share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

HCLTECH Technical Analysis

Candlestick Pattern: @1858.95

HCLTECH Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 1860.27 SELL 1855.53 BUY
MA_12 1826.32 BUY 1840.28 BUY
MA_20 1834.05 BUY 1834.05 BUY
MA_32 1827.66 BUY 1819.32 BUY
MA_50 1811.71 BUY 1796.36 BUY
MA_100 1734.95 BUY 1737.46 BUY
MA_200 1605.9 BUY 1615.38 BUY

HCLTECH Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1834.05 Uptrend
MACD 3.37 BUY
ADX 17.57 NO or Weak Trend
DMI (+/-) 24.94 / 15.56 Uptrend

HCLTECH Momentum Oscillators

BUY (1) NEUTRAL (10) SELL (1)
Momentum Oscillators Value Action
RSI 57.37 Neutral
STOCHASTIC_K (Fast) 50.98 Neutral
STOCHASTIC_D (Slow) 69.91 Neutral
CCI 69.24 Neutral
PSAR 1783.19 BUY
TRUE RANGE 50.65 Neutral
ATR 39.45 Neutral
WILLIAMS R -25.03 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 40.79 Neutral
STOCHASTIC RSI D 70.49 Neutral
MOMENTUM -6.3 SELL

HCLTECH Last 1 Year Trend

Duration Value
1 Year 47.51%
3 Months 16.72%
1 Month -0.34%
1 Week 1.47%

HCLTECH Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 57%
NEUTRAL / HOLD 37%
SELL 7%

Most popular Questions & Answers about HCLTECH


HCL Technologies Ltd. stock last traded price is 1897.10. HCLTECH share price moved Up by 3.31% from its previous close of Rs 1836.35.

HCL Technologies Ltd. share price trend is Up with a total of 2765320 stocks traded till now. It has touched an intraday high of Rs 1921.02 and an intraday low of Rs 1836.5. The HCLTECH trading at 1897.10, Up by Rs. 60.75, or 3.31 percent which suggests that most of the Traders are anticipating that the price of HCLTECH share should go Up and the Stop Loss will be around 1882.

The market cap of HCL Technologies Ltd. is ₹292220 (in Cr) as of Nov 21, 2024.

The current price to earning ratio for HCL Technologies Ltd. as of Nov 21, 2024 is 36.41.

The current price to book ratio for HCL Technologies Ltd. as of Nov 21, 2024 is 13.04.

The highest price of HCL Technologies Ltd. stock is ₹1902 in the last 52-week.

The lowest price of HCL Technologies Ltd. stock is ₹1235 in the last 52-week.

HCL Technologies Ltd. share trading at ₹1897.10, Up by Rs. 60.75, or 3.31 percent which suggests that most of the traders are anticipating that the price of HCLTECH share should go Up.

In 2023, Stock price target for HCL Technologies Ltd. (HCLTECH) are ₹1507.4 on downside and ₹1911.4 on upside. HCL Technologies Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for HCL Technologies Ltd. (HCLTECH) are ₹1911.4 on downside and ₹2036.3 on upside. HCL Technologies Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for HCL Technologies Ltd. (HCLTECH) are ₹2036.3 on downside and ₹2178.8 on upside. HCL Technologies Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for HCL Technologies Ltd. (HCLTECH) will be around ₹2353 HCL Technologies Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of HCLTECH.

The price of HCL Technologies Ltd. (HCLTECH) shares moved by 3.31%. The short-term trend for HCLTECH share price is Up. It implies that the share price of HCLTECH will stay the same tomorrow and that intraday traders should treat VWAP at 1882 as a stop loss. Investors with a long-term outlook can track HCLTECH long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of HCLTECH stock is 521.7. Compared to the current market price of 1897.10 INR, the HCLTECH stock is Overvalued by 72.5%.

As per the fundamental analysis of HCL Technologies Ltd. (HCLTECH), it is of Economical quality in terms of earnings and profit margins with an EPS of 43.51. HCL Technologies Ltd. book value per share as of today is 145.45. The current price to book ratio for HCLTECH as of Nov 22, 2024 is 13.04.


NSE:HCLTECH News & Other Useful Information about HCLTECH Share Price


Peer Comparison of NSE: HCLTECH

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Computers - Software

Company Price EPS BV
TCS 4221.95 130.61 199.33
INFY 1889.20 66.5 195.5
WIPRO 571.40 18.27 110.45
HCLTECH 1897.10 43.51 145.45
TECHM 1744.10 29.96 236.78
LTI 6149.30 125.6 651.6
MINDTREE 3433.85 90.8 331.82
MPHASIS 2884.90 78.74 302.96
TATAELXSI 6586.45 131.16 402.31
PERSISTENT 5796.25 63.3 309.41
Updated at: 22 Nov 2024 15:30

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