HCLTECH

Hcl Technologies Share PriceHCL Technologies

₹1,375.3
11.2 (0.82%)
  • Advice
  • Hold
As on 12 December, 2023 | 04:08 BSE: 532281 NSE: HCLTECHISIN: INE860A01027

Hcl Technologies Performance

Day Range

  • Low 1,366.05
  • High 1,383.00
₹ 1,375.3

52 Week Range

  • Low 1,011.50
  • High 1,383.00
₹ 1,375.3
  • Open Price1,370.10
  • Previous Close1,364.10
  • Volume2824656

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Hcl Technologies Share Price

  • Over 1 Month 9.55%
  • Over 3 Month 7.32%
  • Over 6 Month 23.93%
  • Over 1 Year 33.85%

Hcl Technologies Key Statistics

P/E Ratio 24.2
PEG Ratio 2
Market Cap Cr 373,210
Price to Book Ratio 5.7
EPS 41.5
Dividend 3.6
Relative Strength Index 71.08
Money Flow Index 70.79
MACD Signal 18.65
Average True Range 22.28

Hcl Technologies Investment Rating

  • Master Rating:
  • Hcl Technologies (Nse) has an operating revenue of Rs. 106,274.00 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 19% is great, ROE of 22% is exceptional. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 16% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 72 which is a FAIR score but needs to improve its earnings, a RS Rating of 52 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 127 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

HCL Technologies Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 12,05911,45111,63712,39811,42410,81710,634
Operating Expenses Qtr Cr 7,7457,7697,6707,8427,4717,0506,808
Operating Profit Qtr Cr 4,3143,6823,9674,5563,9533,7673,826
Depreciation Qtr Cr 583506599686560586583
Interest Qtr Cr 33293433332726
Tax Qtr Cr 984813715929803810469
Net Profit Qtr Cr 2,9662,5962,8443,1962,7412,6783,003
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 47,30741,518
Operating Expenses Annual Cr 30,03325,526
Operating Profit Annual in Cr 16,24315,112
Depreciation Cr 2,4312,615
Interest Annual Cr 127109
Tax Annual Cr 3,2572,394
Net Profit Annual Cr 11,45910,874
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 13,53810,591
Cash from Investing Activity Annual Cr -7982,232
Cash from Financing Annual Activity Cr -13,267-12,775
Net Cash Flow Annual Cr -52748
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 41,10442,591
Fixed Assets Annual Cr 17,95619,603
Total Non Current Assets Annual Cr 24,78926,536
Total Current Assets Annual Cr 28,57126,887
Total Assets Annual Cr 53,36053,423
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 151157
ROE Annual % 2826
ROCE Annual % 3530
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3739
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 26,67226,29626,60626,70024,68623,46422,597
Operating Expenses Qtr Cr 20,74320,93120,74320,33519,26118,48917,544
Operating Profit Qtr Cr 5,9295,3655,8636,3655,4254,9755,053
Depreciation Qtr Cr 1,0109271,0271,137998983984
Interest Qtr Cr 1568694116796465
Tax Qtr Cr 1,2951,1651,2141,2761,0971,056721
Net Profit Qtr Cr 3,8323,5343,9834,0963,4893,2833,593
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 102,81486,718
Operating Expenses Annual Cr 78,82865,121
Operating Profit Annual in Cr 22,62820,530
Depreciation Cr 4,1454,326
Interest Annual Cr 353319
Tax Annual Cr 4,6433,428
Net Profit Annual Cr 14,85113,499
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 18,00916,900
Cash from Investing Activity Annual Cr -3,9311,477
Cash from Financing Annual Activity Cr -15,881-14,508
Net Cash Flow Annual Cr -1,8033,869
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 65,40561,914
Fixed Assets Annual Cr 16,09217,789
Total Non Current Assets Annual Cr 39,83440,992
Total Current Assets Annual Cr 53,57748,041
Total Assets Annual Cr 93,41189,033
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 241228
ROE Annual % 2322
ROCE Annual % 2825
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2425

Hcl Technologies Technicals

EMA & SMA

Current Price
₹1,375.3
11.2 (0.82%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,323.14
  • 50 Day
  • ₹1,288.98
  • 100 Day
  • ₹1,247.92
  • 200 Day
  • ₹1,194.25
  • 20 Day
  • ₹1,320.93
  • 50 Day
  • ₹1,281.32
  • 100 Day
  • ₹1,236.13
  • 200 Day
  • ₹1,171.70

Hcl Technologies Resistance and Support

PIVOT
₹1,374.79
Resistance
First Resistance 1,383.52
Second Resistance 1,391.73
Third Resistance 1,400.47
RSI 71.08
MFI 70.79
MACD Single Line 18.65
MACD 21.32
Support
First Resistance 1,366.57
Second Resistance 1,357.83
Third Resistance 1,349.62

Hcl Technologies Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,964,280 182,451,434 61.55
Week 3,217,844 174,664,583 54.28
1 Month 2,399,303 141,390,914 58.93
6 Month 2,550,264 147,558,299 57.86

Hcl Technologies Result Highlights

HCL Technologies Synopsis

NSE-Computer-Tech Services

Hcl Technologies is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs. 46276.00 Cr. and Equity Capital is Rs. 543.00 Cr. for the Year ended 31/03/2023. HCL Technologies Ltd. is a Public Limited Listed company incorporated on 12/11/1991 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74140DL1991PLC046369 and registration number is 046369.
Market Cap 373,210
Sales 47,545
Shares in Float 105.83
No of funds 1309
Yield 3.67
Book Value 9.08
U/D Vol ratio 1
LTDebt / Equity
Alpha 0.08
Beta 0.76

HCL Technologies

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 60.81%60.81%60.81%60.72%
Mutual Funds 8.26%7.98%8.15%8.96%
Insurance Companies 6.44%6.53%6.31%6.06%
Foreign Portfolio Investors 18.8%18.98%18.92%18.29%
Financial Institutions/ Banks 0.07%0.08%
Individual Investors 3.54%3.6%3.69%3.83%
Others 2.08%2.1%2.04%2.14%

HCL Technologies Management

Name Designation
Ms. Roshni Nadar Malhotra Non Exe. Non Ind Chairperson
Mr. Shiv Nadar Chairman Emeritus
Mr. C Vijayakumar Managing Director & CEO
Mr. Shikhar Malhotra Non Exe.Non Ind.Director
Ms. Robin Ann Abrams Ind. Non-Executive Director
Dr. Sosale Shankara Sastry Ind. Non-Executive Director
Mr. Subramanian Madhavan Ind. Non-Executive Director
Mr. Thomas Sieber Ind. Non-Executive Director
Ms. Nishi Vasudeva Ind. Non-Executive Director
Mr. Deepak Kapoor Ind. Non-Executive Director
Dr. Mohan Chellappa Ind. Non-Executive Director
Mr. Simon John England Ind. Non-Executive Director
Ms. Vanitha Narayanan Ind. Non-Executive Director
Mr. R Srinivasan Ind. Non-Executive Director

Hcl Technologies Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Hcl Technologies Corporate Action

Date Purpose Remarks
2023-10-12 Quarterly Results & Interim Dividend
2023-07-12 Quarterly Results & 2nd Interim Dividend
2023-04-20 Audited Results & Interim Dividend
2023-01-12 Quarterly Results & 4th Interim Dividend
2022-10-12 Quarterly Results & Interim Dividend
Date Purpose Remarks
2023-10-20 INTERIM Rs.12.00 per share(600%)Third Interim Dividend
2023-07-20 INTERIM Rs.10.00 per share(500%)Second Interim Dividend
2023-04-28 INTERIM Rs.18.00 per share(900%)Interim Dividend
2023-01-20 INTERIM Rs.10.00 per share(500%)Interim Dividend
2022-10-20 INTERIM Rs.10.00 per share(500%)Third Interim Dividend

HCL Technologies MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
SBI S&P BSE Sensex ETF 95,207
HDFC Balanced Advantage Fund Growth 63,981
ICICI Prudential Balanced Advantage Fund Growth 49,871
Parag Parikh Flexi Cap Regular Growth 44,038

About Hcl Technologies

HCL Tech is a renowned worldwide IT services firm that is among the top five revenue-generating Indian IT services organizations.HCL Technologies is a multinational technology corporation that helps organizations rethink themselves for the digital age. Our technological products and services are the result of four decades of innovation, a world-renowned management philosophy, a strong culture of creativity and risk-taking, and an unwavering focus on customer connections.

HCL is also proud of its several efforts in promoting diversity, social responsibility, sustainability, and education. HCL provides holistic services across industry verticals to top organizations, including 250 of the Fortune 500 and 650 of the Global 2000, through its global network of R&D facilities and co-innovation laboratories, global delivery capabilities, and over 208,000+ 'Ideapreneurs' across 52 countries.

HCL Technologies Limited is a multinational provider of information technology services. Its headquarters are in Noida, Uttar Pradesh, and it is a division of HCL Enterprises. The business was first founded as an R&D project to support HCL Limited. When the parent company entered the software services industry in 1991, it was split off as a distinct legal entity. The business was started by Shiv Nadar, and it is traded on the BSE and NSE. The company expanded its software development capabilities to the US, European, and APAC markets between 1991 and 1999.

With an integrated portfolio of services that includes software-led IT solutions, remote infrastructure management, engineering and R&D services, and business services, HCL has concentrated on "transformational outsourcing," which is highlighted by innovation and value creation. 

Software-led IT solutions, remote infrastructure management, engineering and R&D services, and BPO are all part of HCL Technologies' service offering. With numerous top Fortune 1000 companies, including several leaders in IT and technology, HCL has global collaborations. Financial services, manufacturing, aerospace & military, telecom, retail & CPG, life sciences & healthcare, media & entertainment, travel, transportation & logistics, automotive, government, and energy & utilities are just a few of the industries it serves.

Collaboration With Various Companies

HCL Tech has developed go-to-market agreements, expert partnerships for niche technologies, and teaming collaborations for specific customers, and its ecosystem comprises close to 100 companies in various technology fields. SAP, Microsoft, EMC, and Cisco are HCL's top global strategic alliances.

IBM, Oracle, TIBCO, VMware, ServiceNow, CA Technologies, HP, Amazon Web Services, and CSC are among the companies with which the company has formed strategic alliances.

Specialist Partnerships: Net App, Teradata, Salesforce, Misys, Informatica, Avataq, SAS, Splunk, BMC Software, Hybris, VMware, Pega, MicroStrategy, eBaoTech, JDA, Guidewire, Appian.


Key CSR Initiatives

HCL Foundation Academy: A global digital platform that allows everyone in the globe to gain access to high-quality training and learning opportunities to help them achieve the Sustainable Development Goals.

HCL Samuday: A flagship CSR program aimed at developing a sustainable, scalable, and repeatable model - a source code for rural economic and social development – in collaboration with national and state governments, local communities, NGOs, knowledge institutions, and other partners. We accomplish this through targeted interventions in Agriculture, Education, Health, Infrastructure, Livelihood, and wash.

Clean Noida: A CSR program that will carry out projects and services in Noida to establish effective solid waste management. This project, which includes all Residential Welfare Associations and urban villages, strives to turn the city into a litter-free zone.

My E-Haat: Strengthening the Arts & Crafts Value Chain and directly connecting Artisans to Customers (A2C).

Power of One-'My Scholar’: Scholarship, Mentoring, and Career Development Support.

HCL Harit: HCL Foundation's flagship program is to conserve, restore, and enhance indigenous environmental systems while also responding to climate change in a sustainable manner through community engagement. In India, it is operational in nine states.

Why Invest in HCL Technologies?

HCL Technologies has merged as the fastest-growing large technology company globally for the fourth consecutive year. It is the third-largest IT services company by revenue in India. HCL Tech's strength in digital foundation and application modernization, investments in creating capabilities, robust deal intake, record hiring, and leadership in the fast-growing ERD category will enable the firm to accelerate revenue growth in FY23. 

Given affordable pricing and a solid medium to long-term growth prospects, HCL Tech can be considered a good bet.

HCL Technologies FAQs

What is Share Price of HCL Technologies ?

HCL Technologies share price is ₹1,375 As on 12 December, 2023 | 03:54

What is the Market Cap of HCL Technologies ?

The Market Cap of HCL Technologies is ₹373210.4 Cr As on 12 December, 2023 | 03:54

What is the P/E ratio of HCL Technologies ?

The P/E ratio of HCL Technologies is 24.2 As on 12 December, 2023 | 03:54

What is the PB ratio of HCL Technologies ?

The PB ratio of HCL Technologies is 5.7 As on 12 December, 2023 | 03:54

Is HCL Technologies Debt-Free?

HCL Technologies has a reasonable debt to equity of 6%, which signals a healthy balance sheet.

Is HCL Technologies a good long-term investment?

HCL Technologies has an operating revenue of INR 79,666.00 Cr. on a trailing 12-month basis. Annual revenue growth of 7% is good, Pre-tax margin of 21% is great. Institutional holding has gone up in the last reported quarter is a positive sign. As per analysts rating in the last 6 months, the recommendation is to HOLD HCL Technologies.

What is the ROE of HCL Technologies?

HCL Technologies has an ROE of 18% which is exceptional.

Who is the CEO of HCL Technologies?

C Vijayakumar has been the CEO of HCL Technologies since Oct 2016.

Who is the founder of HCL Technologies?

Shiv Nadar is the Founder of HCL Enterprise, a US$10.8 billion global organization with over 187,000 professionals operating from 50 countries. He is also the Chairman Emeritus & Strategic Advisor to the Board of HCL Technologies, a group company and India's third-largest IT services organization.

How to buy HCL Technologies Ltd. shares?

You can buy the shares of HCL Technologies Ltd. by registering at 5Paisa and by setting up a Demat account in your name.

Q2FY23