Stocks To Buy Today | HCL Tech Share Price
HCL Technologies (NSE: HCLTECH) company’s core business segment is into Information Technology and is been selected for investing long term horizon over an year and above based on the fundametal and technical analysis provided here in this article. Technical analysis indicators; Simple Moving Average (SMA) 200 above the SMA 300 while the Relative Strength Index (RSI) is showing at 25. The trend may continue to be little bit down trend followed by consolidation in near term which indicates a good stock accumulation period through stock SIP investment method for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 2.45 Lakh Crore positioning it in large cap stocks group listed on NSE India by market capitalization.
HCL Tech Share Price
HCL Tech Share Price is currently trading at Rs.
883.15
per stock &
HCL Tech Technical Chart
the performance of the stock over 3 years of time frame which is considered to be a good investment period shows decent profits & now the opportunities to invest based on above technical & following stock fundamentals.
Similarly; HCLTECH 52 week high price at Rs. 1377.75/- & 52 week low price at 877.35/-
Why one should consider HCL Tech Share Price?
Following are the fundamental analysis of HCL Tech Share Price will definitely make to think in one of the large cap companies of India for decent profits in a medium to long term investment horizon.
Fundamental Analysis of HCL Tech
| Market Capitalization | Rs. 245044 Crore | Return On Equity (ROE) | 22.16% |
| P/E Ratio (TTM) | 18.99 | EPS (TTM) | 49.68 |
| P/B Ratio | 3.96 | Dividend Yield | 5.32% |
| Industry P/E Ratio | 27.24 | Book Value | 228.04 |
| Debt to Equity | 0.1 | Face Value | 2 |
Reference Groww app as on 15-07-2022 EOD.
Financial Statement of HCL Tech
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 50,569.0 | 8,721.0 | 36,386.0 |
| 2019 | 60427.0 | 10120.0 | 41366.0 |
| 2020 | 70676.0 | 11057.0 | 51267.0 |
| 2021 | 75379.0 | 11145.0 | 59913.0 |
| 2022 | 85651.0 | 13499.0 | 61914.0 |
Note: All values are in Rs. Crores. Data reference Groww app as on 15-07-2022 EOD.
Shareholding Pattern of HCL Tech
| Promoters | 60.72% |
| Retail Investors | 5.75% |
| Foreign Investors | 18.97% |
| Mutual Funds | 9.66% |
| Other Domestic Institutions | 4.90% |
Reference Groww app as on 15-07-2022 EOD.
HCL Technologies
HCL Technologies is a 40 year old next-generation digital age global technology company spread across 52 countries with a team of 211000 members having management philosophy, a strong client base including 250 of the Fortune 500 and 650 of the Global 2000 by providing holistic services in product solutions such as IOT, Hybrid Cloud Technologies, Analytics, Automation and Engineering services.
Future ready solutions with changing needs of modern real-world application to maximize IoT value. HCL developing high-performance, real-time unstructured databases for mission-critical applications before Big Data became organizations digital technology today.
Built technologycally driven competencies in design thinking with AI-powered automation, Blockchain, Cybersecurity and cloud native for service assurance and efficient operations for deliveries beyond contract terms. Read more about HCL Technologies company here from its official website.
Competitors of HCL Tech
As HCL Tech comes under IT sector; there are quiet a few peer competitors to HCLTECH & here is a list of Top 5 IT Stocks based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in HCL Tech on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in HCL Tech with Groww App.
Groww App Download
Excited; how to open demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app to consider. Click here to open Demat account with 5paisa App.
References and Links:
- HCL Tech stock chart: https://chartink.com/stocks/HCLTECH.html
- About HCL Tech company profile: https://www.hcltech.com/about-us/about-hcl-technologies
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Happy investing for prosperity.
It take 30 long years to turn Rs. 1/- worth Rs. 1000/-, so start investing now.
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