Investment call:- HCL Technologies CMP-705 Target-1050 (02-AUG-2020)

HCL Technologies is primarily engaged in providing a range of software development services, business process outsourcing services and IT infrastructure services.

HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Our technology products, services and engineering are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. With a worldwide network of R&D, innovation labs and delivery centers, and 150,000+ ‘Ideapreneurs’ working in 49 countries, HCL serves leading enterprises across key industries, including 250 of the Fortune 500 and 650 of the Global 2000. HCL generated consolidated revenues of US$ 9.93 bn for for 12 Months Ended 30thJune, 2020

We offer an integrated portfolio of products, solutions, services, and IP through our Mode 1-2-3 strategy built around Digital, IoT, Cloud, Automation, Cybersecurity, Analytics, Infrastructure Management and Engineering Services, amongst others, to help enterprises reimagine their businesses for the digital age.

CMP-705.20

Market Cap:  191,368 Cr.

Promoter Holding-60.33%

FII Holding-25.62%

Book Value:  188.92

ROCE: 30.67 %

EPS-43.33

Face Value:  2.00

Stock P/E: 16.28

• Industry PE-23.34
• ROE-25.76 %
• Dividend Yield: 0.71 %
• Sales Growth (3Yrs): 24.74 %

Pros:

Company has delivered good profit growth of 20.01% CAGR over last 5 years

Company has a good return on equity (ROE) track record: 3 Years ROE 26.21%

Company has been maintaining a healthy dividend payout of 23.19%

Advice:-

investors are advised to consult their professional investment adviser/ consultant/ tax advisor for investment advice in this regard.