HCL Technologies Ltd | A IT Sector Momentum Stock

HCL Technologies Ltd | A IT Sector Momentum Stock

HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues

Financial :Strong

Market Cap n= 3,96,928 Cr. ROCE = 28.3 % ROE = 23.0 %

Debt to equity = 0.08 Promoter holding = 60.8 % Quick ratio = 2.56

Current ratio = 2.56 Piotroski score = 8.00 Profit Var 3Yrs = 10.2 %

Sales growth 3Years = 12.8 % Return on assets = 16.1 %

HCL Tech is strong fundamental stock with right now in monthly basis have strong momentum.

also all IT sector is in bullish trend .This is ready to going in uncharted territory space.

so we have to closely watch this stock for future.

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.

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