Hold HCL Tech, says Jagannadham Thunuguntla

Jagannadham Thunuguntla of SMC Global is of the view that one should hold HCL Tech.

Thunuguntla told CNBC-Awaaz, "Investors should hold HCL Tech with a medium term perspective. The stock is looking good in IT space. It can give attractive return in next 6-9 months time."
The company's trailing 12-month (TTM) EPS was at Rs 17.37 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 23.18. The latest book value of the company is Rs 0.00 per share. At current value, the price-to-book value of the company was 0. The dividend yield of the company was 1.86%.