Trending stocks: HCL Technologies shares rise nearly 4%

A total of 103,391 shares changed hands on the counter till 11:46AM (IST).

BCCL
Total market cap of the HCL Technologies Ltd. stood at Rs 154977.41 crore at the time of writing this report. 
NEW DELHI: Shares of HCL Technologies Ltd. traded 3.67 per cent up in Monday's trade at 11:46AM (IST). Around 103,391 shares changed hands on the counter.

The counter opened at Rs 559.0 and touched an intraday high and low of Rs 573.45 and Rs 556.85, respectively, in the session so far. The stock of HCL Technologies Ltd. quoted a 52-week high of Rs 624.0 and a 52-week low of Rs 375.5.

Total market cap of the HCL Technologies Ltd. stood at Rs 154977.41 crore at the time of writing this report.


Key Financials
The company reported consolidated sales of Rs 18587.0 crore for the quarter ended 31-Mar-2020, up 2.49 per cent from previous quarter's Rs 18135.0 crore and up 16.24 per cent from the year-ago quarter's Rs 15990.0 crore.

The net profit for latest quarter stood at Rs 3172.0 crore, up 24.39 per cent from the corresponding quarter last year.

ADVERTISEMENT
Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 5.45 per cent stake in the company, while foreign institutional investors held 26.42 per cent and the promoters 43.87 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 14.02 and a price-to-book ratio of 3.02. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

HCL Technologies Ltd. belongs to the IT Consulting & Software - Large Cap industry.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Text Size:AAA
Success
This article has been saved

*

+