The paper stocks were buzzing last week as we witnessed buying interest in some of the counters with good volumes. Satia Industries has seen a breakout from a long consolidation phase and has resumed its uptrend with a ‘Higher Top Higher Bottom’ structure
MCX India has witnessed a breakout of a bullish double bottom pattern formation on the longer time frame while on the daily chart; it has given a breakout of a bullish Inverse Head & Shoulder pattern with huge volume.
If the Nifty closes above 17,800 on the weekly scale, it may touch 18,400 in a couple of weeks but a close below 17,400 can see it slide to 17,000
ICICI Direct is bullish on HCL Technologies recommended buy rating on the stock with a target price of Rs 1115 in its research report dated October 13, 2022.
KR Choksey is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1119 in its research report dated October 13, 2022.
Motilal Oswal is bullish on HCL Technologies recommended buy rating on the stock with a target price of Rs 1240 in its research report dated October 12, 2022.
Net Sales are expected to increase by 4.4 percent Q-o-Q (up 18.6 percent Y-o-Y) to Rs. 24,501.7 crore, according to KR Choksey.
Sharekhan is bullish on HCL Technologies has recommended buy rating on the stock with a target price of Rs 1140 in its research report dated October 12, 2022.
No action has been taken against anyone so far; the company said it had found one or two stray instances which are being investigated currently
The company won over 11 large deals, eight of which were in services while three were in products.
Fresher addition for the quarter stood at 10,339
Revenue from operations stood at Rs 24,686 crore, clocking a 19.5 percent growth over Rs 20,655 crore last year
The new 'HCLTech' brand and logo will be at the heart of its go-to-market strategy and represent its differentiated portfolio of services and products that enable digital transformation for enterprises at scale, according to a company statement.
The laid-off employees worked on news projects with Microsoft. Their last working day is September 30
There’s not much client spending on the metaverse and Web3 right now, though the technology provides immense possibilities and opportunities.
The company says it is confident of achieving 12-14 percent revenue growth in the current fiscal year
Wipro is invoking plans to continue business while TCS has internally cautioned delivery teams to ensure safety.
A survey by investment firm Wedbush Securities shows that IT companies’ clients maintain a positive intent to spend on technology both in the second half of the calendar year 2022 and the first half of 2023
The weekly expiry could keep the markets volatile as we have witnessed steady rise in open interest in 18,000 CE strike in the past few days while on the downside 17,800 PE strike has the highest open interest of more than 2,20,000 contracts which could act as immediate support from current levels.
Business leaders have the knowledge and ability to gather resources, and they understand that some issues require urgent solutions. They can get things done by trying to do them in ways not done before.
Motilal Oswal recommended Neutral rating on HCL Technologies with a target price of Rs 90 in its research report dated July 31, 2022.
TCS, Infosys, Wipro and HCL added 60 clients in the $1 million plus revenue band in Q1FY23, down from 91 clients added in the same band in Q1FY22
Motilal Oswal recommended Neutral rating on HCL Technologies with a target price of Rs 1035 in its research report dated July 26, 2022.