HCL Technologies, Havells India and Wockhardt are on the radar of Reliance Securities
Training of the first batch of recruits is currently underway and the business operations will commence from the first week of April with 200 people, said senior vice president of HCL Technologies Sanjay Gupta here.
KR Choksey is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1075 in its research report dated October 26, 2017.
HDFC Securities is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1000 in its research report dated October 26, 2017.
ICICI Direct recommended hold rating on HCL Technologies with a target price of Rs 930 in its research report dated October 26, 2017.
Edelweiss is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1041 in its research report dated October 25, 2017.
HCL Technologies share price declined 4 percent intraday Wednesday after second quarter revenue and operational numbers missed analyst estimates.
Given the current landscape in the market, they would look at opportunities in digital, cloud, said C Vijayakumar, CEO, HCL Tech.
The company has raised its full year dollar revenue guidance to 12.1-14.1 percent from 11.3-13.3 percent earlier.
Analysts expect the company to maintain constant currency revenue growth at 10.5-12.5 percent and EBIT margin at 19.5-20.5 percent for the year.
The midcap Index which was again the outperformer, up 1.29 percent led by Jain Irrigation Systems and Jaiprakash Associates while Bajaj Auto, ICICI Lombard General Insurance Company, MphasiS and Vedanta were some of few stocks that hit 52-week high on the NSE.
Shiv Nadar will be eligible for salary, perquisites, and allowances of Rs 5 crore per annum along with other benefits, HCL Technologies said in a BSE filing on the outcome of the company's Annual General Meeting held on September 21.
HCL Technologies had partnered DXC in July 2015 and had formed two joint venture entities - CeleritiFinTech Ltd (CFT) and CeleritiFinTech Services (CFTS).
Net Sales are expected to increase by 4.3 percent Q-o-Q (up 10 percent Y-o-Y) to R.s 12672.8 crore, according to Kotak.
Siyaram Silk, HEG Limited, Jindal Worldwide, Goa Carbon and VIP Industries were the stocks that hit 52-week high in the Nifty while within the BSE Index, stocks like Gillette India, Kotak Mahindra Bank, Bharat Financial, Bata India, Tata Steel, TVS Motor and TVS Electronics hit 52-week high in today's trade.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tech Mahindra, Motherson Sumi Systems and UltraTech Cement and can hold Jet Airways.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy PC Jeweller, HCL Tech, Ashok Leyland, Hindustan Unilever, Escorts and LIC Housing Finance and ,can sell Reliance Capital.
According to Mitessh Thakkar of miteshthacker.com, one can buy HCL Technologies and Hindustan Zinc.
According to Prakash Gaba of prakashgaba.com, we are back into consolidation as expected with crucial support for the Index at 10028-9996 and the resistance at 10138-10150. On the other hand, Bank Nifty has support at 24800 and resistance at 25100.
Mitessh Thakkar of miteshthacker.com recommends buying HCL Technologies and IDFC.
The UK-based company has a data automation platform that enables enterprise customers execute large scale, complex data–migration and data–integration projects in a leaner and faster manner.
The project also has an NGO partner in Brazil-Jhpiego, which is helping with initial implementations in the country
According to Prakash Gaba of prakashgaba.com, 9740 is a very crucial support and breach of 9740 could bring in more selling while stiff resistance exists at 9912. He recommends buying Oil India while advises selling HCL Tech, Bharat Financial Inclusion and Hindalco Industries.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy RBL Bank while one can short HCL Technologies.
Infosys today offered to buyback equity shares not exceeding Rs 13,000 crore at a price of Rs 1,150 per share.