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HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 226346.81 Crore) operating in IT Software sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 18594.00 Crore, up 4.21 % from last quarter Sales of Rs 17842.00 Crore and up 6.09 % from last year same quarter Sales of Rs 17527.00 Crore Company reported net profit after tax of Rs 3146.00 Crore in latest quarter.
Investment Rationale
The stock is trading in a very tight range around its 21-day exponential moving average on daily timeframe. The brokerage sees the stock retesting its previous high of Rs 910-920.
Promoter/FII Holdings
Promoters held 60.3 per cent stake in the company as of June 30, 2020, while FIIs held 25.6 per cent, DIIs held 10.1 and public and others 4 per cent.
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price