Buy HCL Infosystems, target Rs 57: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on HCL Infosystems Ltd. with a target price of Rs 57. The current market price of HCL Infosystems Ltd. is Rs 51.4.

Time period given by the analyst is Intra Day when HCL Infosystems Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 48.9 . HCL Infosystems Ltd., incorporated in 1986, is a small cap company with a market cap of Rs 1604.90 crore.

HCL Infosystems Ltd. key Products/Revenue Segments include Cellular Phones which contributed Rs 2237.95 Crore to Sales Value (98.79 % of Total Sales) and Sale of services which contributed Rs 27.41 Crore to Sales Value (1.20 % of Total Sales)for the year ending 31-Mar-2017.



The company’s top management includes Dr.Nikhil Sinha, Mr.Dhirendra Singh, Mr.Dilip Kumar Srivastava, Mr.Kaushik Dutta, Mr.Pawan Kumar Danwar, Mr.Premkumar Seshadri, Mr.V N Koura, Ms.Ritu Arora, Ms.Sangeeta Talwar. Company has Price Waterhouse as its auditoRs As on 31-03-2018, the company has a total of 329,209,928 shares outstanding.