Pick of the Week: HCLTECH

19th January 2019
  • HCL Technologies Limited (Hindustan Computers Limited) is an Indian multinational technology company, headquartered in Noida, Uttar Pradesh, India. It is a subsidiary of HCL Enterprise. Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL ventured into the software services business.
  • The company has offices in 39 countries including the United States, France and Germany, and the United Kingdom with a worldwide network of R&D, "innovation labs" and "delivery centers", and 120,000+ employees and its customers include 250 of the Fortune 500 and 650 of the Global 2000 companies. It operates across sectors including aerospace and defense, automotive, banking, capital markets, chemical and process industries, consumer goods, energy and utilities, healthcare, hi-tech, industrial manufacturing, insurance, life sciences, manufacturing, media and entertainment, mining and natural resources, oil and gas, retail, telecom, and travel, transportation, logistics & hospitality.
  • HCL Technologies is on the Forbes Global 2000 list.It is among the top 20 largest publicly traded companies in India with a market capitalisation of $18.7 billion as of May 2017.As of May 2018, the company, along with its subsidiaries, had a consolidated revenue of $7.8 billion.

Company Name

HCL TECHNOLOGIES LTD

Our Recommentation is to

Buy

Buy

966.50

Targeted Price

1080.00

Stop Loss

910.00

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