Buy HCL Technologies, target Rs 1,100: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on HCL Technologies Ltd
with a target price of Rs 1100
The current market price of HCL Technologies Ltd
is Rs 1063.15 Time period given by analyst is Intra Day when HCL Technologies Ltd
price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 1050
HCL Technologies Ltd., incorporated in 1991, is a largecap company with a market cap of Rs 144191.11 crore
HCL Technologies Ltd
key Products/Revenue Segments include Software Development Charges which contributed Rs 21859.00 Crore to Sales Value (99.03 % of Total
Sales) and Computer Hardware Software which contributed Rs 214.00 Crore to Sales Value (0.96 % of Total Sales)for the year ending
31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 15699.00 Crore, up 5.65 % from last quarter Sales of
Rs 14860.00 Crore and up 22.56 % from last year same quarter Sales of Rs 12809.00 Crore Company has reported net profit after tax of Rs
2605.00 Crore in latest quarter
Mr.Shiv Nadar, Mr.Subramanian Madhavan, Mr.Sudhindar Krishan Khanna, Mr.Thomas Sieber, Ms.Nishi Vasudeva, Ms.Robin Abrams, Ms.Roshni Nadar
Malhotra
Company has B S R Associates LLP as its auditoRs As on 31-12-2018, the company has a total of 1,356,261,268 shares outstanding.