NSE: HCLTECH Share Price Financial Analysis & Valuation

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 70 per share. At the current share price of HCLTECH at Rs 1348.05, this results in a dividend yield of 5.19 %.

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 43.02. NSE:HCLTECH book value per share as of today is 145.45. The current price to book ratio for HCLTECH as of May 04, 2024 is 9.27.

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 51.89% is very crucial parameter which shows that 51.89% investors are anticipating that the price of HCLTECH share should go up with VWAP at 1348.33.

Now, the main question is whether to BUY or SELL, NSE:HCLTECH at current valuation.
As per latest Analysis No. #2781:-

⇑ 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 (May 04, 2024)

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

HCL Technologies Ltd. share price moved Down by -0.93% from its previous close of Rs 1360.7. HCLTECH stock last traded price is 1348.05. HCLTECH share price trend is Down with a total of 5964228 stocks traded till now. It has touched an intraday high of Rs 1370.00 and an intraday low of Rs 1333.55. The HCLTECH trading at 1348.05, Down by Rs. -12.65, or -0.93 percent which suggests that most of the Traders are anticipating that the price of HCLTECH share should go Down.

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 Down by -0.93%. HCLTECH share price short term trend is Down. It suggests that HCLTECH Share Price for Tomorrow remains the same with VWAP at 1348.33 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: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