Buy HCL Technologies, advises Saurabh Mukherjea

Saurabh Mukherjea of Ambit Capital told CNBC-TV18, "HCL Technologies has been a superb stock, great franchise over the last three years or so. Its remote infrastructure management franchise continues to grow from strength to strength. Axon was a visionary acquisition back in November 2008."

"Amongst the big four IT players, HCL Technologies is our highest conviction buy. We remain firmly committed to urging our clients to buying it. It is the only large cap IT company which makes it to our model portfolio," he said.

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