Ashwani Gujral of ashwanigujral.com is of the view that one can buy HCL Technologies and can sell Power Finance Corporation and L&T Finance Holdings.
Employees fear that release from ongoing projects to a bench awaiting deployment to a new client could mean a layoff.
Ashwani Gujral of ashwanigujral.com bets on financials and avoid IT and pharma stocks. Buy JSPL and sell TCs and HDIL," he adds.
Amit Gupta of ICICIdirect is of the view that one can buy Asian Paints and HCL Technologies.
The company is proposing an offer for buyback of equity shares for cash at a price of Rs 1,000 per equity shares on a proportionate basis through tender offer process, HCL Technologies said in a regulatory filing.
Axis Direct recommended hold rating on HCL Technologies with a target price of Rs 902 in its research report dated May 17, 2017.
On May 16, 2017 Vama Sundari Investments (Delhi) bought 1,24,25,000 shares of HCL Technologies.
Reliance Securities is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 963 in its research report dated May 11, 2017.
Motilal Oswal is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 960 in its research report dated May 11, 2017.
ICICI Direct recommended hold rating on HCL Technologies with a target price of Rs 930 in its research report dated May 12, 2017.
Tata Elxsi, Amara Raja Batteries, Castrol, HDFC Ltd, HCL Technologies, JSW Energy, India Cements are on the radar of Reliance Securities
Rajat Bose of rajatkbose.com is of the view that one can enter HCL Technologies between Rs 750-780.
HCL Technologies Ltd reported 20.8 percent year-on-year (YoY) growth in net profit to Rs 2325 crore for the quarter ended March 31.
The dollar revenue increased over 4 percent at USD 1817 million, while constant currency growth for the fiscal was reported at 13.7 percent.
Sudarshan Sukhani of s2analytics.com suggests buying Tata Consultancy Services, HCL Technologies, Kotak Mahindra Bank and Rural Electrification Corporation and advises selling Vedanta and Zee Entertainment Enterprises.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HCL Technologies and BPCL and buy EID Parry (India).
Nifty has support at 9200 and resistance at 9414 while Bank Nifty has support at 22200 and resistance at 22500, says Prakash Gaba of prakashgaba.com.
Mitessh Thakkar of miteshthacker.com recommends buying Infosys and HCL Technologies.
IT sector is likely to be an underperformer in the year unless outlook improves for FY19. Given their weak earnings forecast, valuation is stretched based on PEG (Price-Earnings-Growth) ratio basis
Mitessh Thakkar of miteshthacker.com is of the view that one can sell HCL Technologies and buy IDFC Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy ITC and sell HCL Technologies.
Sudarshan Sukhani of s2analytics.com is of the view that HCL Technologies is an investment buy while PSU banks is the place to be in.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HCL Technologies, Bata India, Exide Industries and Union Bank of India and sell Aurobindo Pharma.
UFS is a provider of mortgage business process and fulfilment services. Founded in 2002, the company has over 350 highly skilled professionals. It has three centres in the US.
Share buyback typically improves earnings per share and is a mechanism to return surplus cash to shareholders besides supporting share price during periods of sluggish market condition.