Buy HCL Technologies; target of Rs 1475: ICICI Direct

ICICI Direct is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1475 in its research report dated October 18, 2021.

Broker Research

October 18, 2021 / 15:41 IST

26 Aug, 2025 12:21

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ICICI Direct's research report on HCL Technologies

HCL Technologies (HCLT) offers IT, ER&D and products to BFSI, retail, health, telecommunication, manufacturing, media & hi-tech verticals.HCL Tech has 250 Fortune 500 and 650 global 2000 clients HCL has grown organically and inorganically (14% CAGR over FY18-21)

Outlook

We continue to remain positive and retain our BUY rating on the stock We value HCLT at Rs 1475 i.e. 24x P/E on FY23E EPS

For all recommendations report, click here

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Broker Research

first published: Oct 18, 2021 03:41 pm

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