Buy HCL Technologies, target Rs 1,100: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on HCL Technologies with a target price of Rs 1,100.

The current market price of HCL Technologies is Rs 1,079.35.

Time period given by the analyst is Intra Day when HCL Technologies price can reach the defined target.


Dr CK Narayan recommended keeping a stop loss at Rs 1,065.

HCL Technologies, incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 1,50,724.59 Crore) operating in Information Technology sector.

The company’s top management includes Dr.Sosale Shankara Sastry, Mr.Deepak Kapoor, Mr.Keki Mistry, Mr.Ramanathan Srinivasan, Mr.Shiv Nadar, Mr.Subramanian Madhavan, Mr.Sudhinder Krishan Khanna, Mr.Thomas Sieber, Ms.Nishi Vasudeva, Ms.Robin Abrams, Ms.Roshni Nadar Malhotra.

The company has S R Batliboi & Co. LLP as its auditors.

As on 31-03-2018, the company has a total of 1,392,246,384 shares outstanding.