Citi Remains a Hold on HCL Technologies Limited (HCLTECH)
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According to TipRanks, Goyal is a 2-star analyst with an average return of 0.7% and a 60.00% success rate. Goyal covers the Technology sector, focusing on stocks such as LTIMindtree Limited, Tech Mahindra Limited, and HCL Technologies Limited.
HCL Technologies Limited has an analyst consensus of Hold, with a price target consensus of INR1,694.73, which is a -1.66% downside from current levels. In a report released on June 23, Investec also maintained a Hold rating on the stock with a INR1,550.00 price target.
Based on HCL Technologies Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR298.84 billion and a net profit of INR42.29 billion. In comparison, last year the company earned a revenue of INR284.99 billion and had a net profit of INR39.86 billion
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