HCL Technologies share price: Buy HCL Technologies, target price Rs 1110: ICICI Direct

ICICI Direct has buy call on HCL Technologies with a target price of Rs 1110. The current market price of HCL Technologies Ltd. is Rs 1000.3. Time period given by analyst is one year when HCL Technologies Ltd. price can reach defined target.

HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 273388.19 Crore) operating in IT Software sector.


Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 19885.00 Crore, up 2.02 % from last quarter Total Income of Rs 19491.00 Crore and up 6.14 % from last year same quarter Total Income of Rs 18734.00 Crore. Company reported net profit after tax of Rs 1111.00 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 60.3 per cent stake in the company as of June 30, 2020, while FIIs held 25.6 per cent, DIIs held 10.1 and public and others 4 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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