Moneycontrol PRO

Why HCL Tech is a good addition with a new normal around the corner

We would advise investors to add HCL Tech on every market correction as the long-term proposition remains strong and the company is likely to be a winner in the post Covid-19 era of new normal.

May 08, 2020 / 08:34 PM IST
Why HCL Tech is a good addition with a new normal around the corner

Image: Twitter

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Highlights - Decent Q4 performance from HCL Tech – healthy organic growth and uptick in margins - Strong deal win and positive commentary on future pipeline - Well diversified across industry verticals - Near term dip –volume and pricing pressure as well as payments delay - Several opportunities post-COVID, fluid digital workplace and greater adoption of digital - Buy on market correction A positive surprise in the ensuing earnings season is the performance and commentary from IT companies – especially the well managed ones. While there is...

  • PRO Panorama

    Moneycontrol Pro Panorama | GST: A simple, reliable tax still a distant dream?

    May 20, 2022 / 04:41 PM IST

    In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | People’s Bank of China rides to the rescue 

    May 21, 2022 / 10:10 AM IST

    The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers