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How to buy HCL Technologies (HCLTECH) shares
Learn how to easily invest in HCL Technologies shares.
HCL Technologies Limited is an information technology services business based in India. HCL Technologies shares (HCLTECH) are listed on the NSE and all prices are listed in Indian Rupee. HCL Technologies employs 222,270 staff and has a trailing 12-month revenue of around INR12.3 billion.
How to buy shares in HCL Technologies from India
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for HCL Technologies. Find the stock by name or ticker symbol: HCLTECH. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until HCL Technologies reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of INRINR1065.9, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of HCL Technologies, depending on your broker.
- Check in on your investment. Congratulations, you own a part of HCL Technologies. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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Is it a good time to buy HCL Technologies stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
HCL Technologies shares at a glance
|Latest market close||INR1,065.90|
|52-week range||INR851.30 - INR1,156.65|
|50-day moving average||INR1,111.60|
|200-day moving average||INR1,023.49|
|Wall St. target price||INR1,161.75|
|Dividend yield||INR0.586 (4.4%)|
|Earnings per share (TTM)||INR54.63|
HCL Technologies stock price (NSE:HCLTECH)Use our graph to track the performance of HCLTECH stocks over time.
HCL Technologies price performance over time
Historical closes compared with the close of INR1065.9 from 2023-03-23
|1 week (2023-03-17)||-3.84%|
|1 month (2023-02-24)||-2.64%|
|3 months (2022-12-23)||3.43%|
|6 months (2022-09-23)||18.98%|
|1 year (2022-03-24)||-10.59%|
|2 years (2021-03-24)||9.25%|
|3 years (2020-03-24)||141.13%|
|5 years (2018-03-23)||11.33%|
Is HCL Technologies stock undervalued or overvalued?
Valuing HCL Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of HCL Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
HCL Technologies's P/E ratio
HCL Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, HCL Technologies shares trade at around 20x recent earnings.
HCL Technologies's PEG ratio
HCL Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.3863. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into HCL Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
HCL Technologies's EBITDA
HCL Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is INR2.6 billion.
The EBITDA is a measure of a HCL Technologies's overall financial performance and is widely used to measure a its profitability.
HCL Technologies financials
|Revenue TTM||INR12.3 billion|
|Operating margin TTM||18.15%|
|Gross profit TTM||INR4.4 billion|
|Return on assets TTM||12.16%|
|Return on equity TTM||22.71%|
|Market capitalisation||INR2.9 trillion|
TTM: trailing 12 months
HCL Technologies's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like HCL Technologies.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
HCL Technologies's total ESG risk score
Total ESG risk: 22.92
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and HCL Technologies's overall score of 22.92 (as at 01/01/2019) is pretty good – landing it in it in the 24th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like HCL Technologies is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
HCL Technologies's environmental score
Environmental score: 4.02/100
HCL Technologies's environmental score of 4.02 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that HCL Technologies is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
HCL Technologies's social score
Social score: 16.31/100
HCL Technologies's social score of 16.31 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that HCL Technologies is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
HCL Technologies's governance score
Governance score: 5.59/100
HCL Technologies's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that HCL Technologies is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
HCL Technologies's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. HCL Technologies scored a 1 out of 5 for controversy – the highest score possible, reflecting that HCL Technologies has managed to keep its nose clean.
HCL Technologies share dividends
Dividend payout ratio: 89.9% of net profits
Recently HCL Technologies has paid out, on average, around 89.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.4% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), HCL Technologies shareholders could enjoy a 4.4% return on their shares, in the form of dividend payments. In HCL Technologies's case, that would currently equate to about INR0.586 per share.
HCL Technologies's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 19 January 2023 (the "ex-dividend date").
Have HCL Technologies's shares ever split?
HCL Technologies's shares were split on a 2:1 basis on 5 December 2019. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your HCL Technologies shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for HCL Technologies shares which in turn could have impacted HCL Technologies's share price.
HCL Technologies share price volatility
Over the last 12 months, HCL Technologies's shares have ranged in value from as little as INR851.3022 up to INR1156.65. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NSE average) beta is 1, while HCL Technologies's is 0.7088. This would suggest that HCL Technologies's shares are less volatile than average (for this exchange).
HCL Technologies overview
HCL Technologies Limited offers software development, business process outsourcing, and infrastructure management services worldwide. The company operates in three segments: IT and Business Services; Engineering and R&D Services; and Products & Platforms. The IT and Business Services segment provides IT and business services, such as application, infrastructure, and digital process operations; digital transformation services for digital and analytics; IoTWoRKs; and cloud native and cybersecurity solutions. The Engineering and R&D Services segment offers engineering services and solutions to software, embedded, mechanical, VLSI, and platform engineering that support the lifecycle of products for hardware and software industries. The Products & Platforms segment provides modernized software products for technology and industry specific requirements. This segment also offers HCL software; DRYiCE software, an organic IP-based software; Actian Avalanche Hybrid Cloud Data platform; and Nippon, a workforce analytics solution. It also offers hybrid cloud, digital workplace, and cloud native services, as well as service integration and management.
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