HCL Technologies can test Rs 450: Madhumita Ghosh

HCL Technologies can test Rs 450, says Madhumita Ghosh of UNICON

Ghosh told CNBC-TV18, "HCL Technologies is one of the leading players in the IT space. As you know, we have seen that IT sector is showing good resilience in the last one month because of rupee depreciation. HCL because of its hedging policy would be one of the biggest beneficiaries in this. In the next two quarters you will see that in the bottom line." She further added, "We expect the results to be robust this week and we expect the stock to move up to around Rs 490 in the next six months to one year