HCL Technologies may move up by 3-4%: Ambareesh Baliga

Ambareesh Baliga of Edelweiss Financial Services told CNBC-TV18, " Tata Consultancy Services (TCS) and HCL Technologies will move up. TCS will be an outperformer throughout. HCL Technologies also could move up possibly another 3-4 percent more from here."

Also Read: HCL Tech Q1 net beats forecast, up 18.7% at Rs 1,416 cr At 09:59 hrs HCL Technologies was quoting at Rs 1,147, down Rs 13.40, or 1.15 percent. It has touched an intraday high of Rs 1,169 and an intraday low of Rs 1,101.55. The share touched its 52-week high Rs 1,177 and 52-week low Rs 605.75 on 15 October, 2013 and 17 October, 2012, respectively. Currently, it is trading 2.55 percent below its 52-week high and 89.35 percent above its 52-week low. Market capitalisation stands at Rs 80,088.38 crore.