HCL Tech Share Price: Stock Analysis, History, & Forecast

HCL SHARE PRICE

The HCL Tech stock fluctuates on a regular basis. HCL Tech has seen it all since its start, from setbacks to peak performance. It has regularly proven to be one of the best stocks to invest in for generating massive long-term profits.

Whether you’re an investor or an entrepreneur, you know that each and every share of the industry is fighting for instability. Stock values fluctuate in a flash, and the HCL Tech Share Price is not different from others. This company’s stock is actually fluctuating between USD 80 to 120. 

Continue reading to learn more about how this stock has performed over the last few years, its core managerial team and how beneficial its stock is for investments. 

HCL Share Prices Today

The current share price of HCL is calculated via the stock market’s overall performance. Which is detailed below:         

Performance
Today’s Low: ₹ 1,043.75
Today’s High: ₹ 1,069.35
Previous Close: ₹ 1,060.90
Opening Price: ₹ 1,050.10
Volume: ₹ 14,23,950
Fundamentals 
Market Cap: ₹ 2.89 lakh crores.
Price-Earnings (P/E) Ratio: ₹ 21.45
CDP score: B
Div yield: 4.13%

After a brief analysis of the overall performance of HCL Technologies Ltd share price, let’s glance at the HCL share price in the NSE and BSE. 

HCL Tech Share Price NSE

Live HCL Tech share price NSE India: 1064.70

Previous Close: 1060.90

Open Price: 1050.10 

Bid Price (Quantity): 1064.50(101)

Offer Price (Quantity): 1065.00(5441)

HCL Tech Share Price BSE

BSE Live HCL Tech Stock Price: 1064.75

Previous Close: 1060.15

Open Price: 1056.60

Bid Price (Quantity): 1065.50(57)

Offer Price (Quantity): 1065.95(11)

Note: This data is based on the HCL Tech stock price in India as of 12th May, 2022.

HCL Tech Historical Share Price

Let’s have a look at the HCL Tech share price history table for the last three months from 2017 – 2019: 

Date Price(INR) Open(INR) High(INR) Low(INR) Volume Change percentage
December 2019 561.95 563.34 571.25 529.26 59.86M 0.76%
November 2019 557.72 573.18 577.18 543.28 59.92M -3.02%
October 2019 575.08 534.65 578.67 514.45 78.24M 7.60%
September 2019 534.45 547.51 559.18 502.99 80.88M -1.79%
August 2019 544.22 509.01 558.88 491.13 83.43M 6.36%
July 2019 511.67 527.85 529.16 493.3 59.63M -2.83%
June2019 526.56 543.48 553.44 523.62 59.97M -2.55%
May 2019 540.36 578.67 583.86 519.44 99.74M -7.67%
April 2019 585.27 539.1 587.37 532.47 83.30M 8.82%
March 2019 537.84 521.79 543.28 494.61 76.53M 3.18%
Feburary 2019 521.25 499.83 542.04 499.78 63.78M 4.84%
January 2019 497.16 475.79 511.9 455.02 90.45M 4.24%
December 2018 476.95 505.02 526.98 460.31 98.79M -4.99%
November 2018 502.01 521.79 523.77 476.29 73.94M -3.85%
October 2018 522.09 536.73 544.89 467.78 92.56M -2.96%
September 2018 538.01 520.8 556.44 516.65 94.16M 3.95%
August 2018 517.56 478.76 521.79 471.34 79.48M 8.43%
July 2018 477.33 458.48 504.38 453.61 112.73M 4.19%
June 2018 458.11 450.08 473.49 435.26 80.27M 1.75%
May 2018 450.25 519.32 520.28 438.7 99.87M -13.53%
April 2018 520.68 477.92 548 466.67 84.26M 8.69%
March 2018 479.06 466.79 485.49 446.89 72.84M 3.01%
Feburary 2018 465.06 485.73 501.98 445.18 71.07M -4.69%
January 2018 487.93 439.69 514.72 433.23 80.53M 10.79%
December 2017 440.43 418.92 445.99 407.96 59.88M 5.01%
November 2017 D 419.41 425.35 439.42 412.68 64.99M -0.91%
October 2017 423.27 434.47 466.79 411.5 67.47M -2.17%
September 2017 432.67 427.13 444.39 418.52 55.80M 1.10%
August 2017 427.97 439.69 444.14 415.55 42.45M -3.09%
July 2017 441.62 421.39 458.98 409.91 54.58M 4.94%
June 2017 420.85 426.83 449.88 410.66 66.68M -1.54%
May 2017 427.45 403.66 431.4 399.7 80.86M 6.16%
April 2017 402.64 432.32 434.37 393.79 40.16M -6.93%
March 2017 432.64 416.94 440.26 413.05 62.31M 4.12%
Feburary 2017 415.5 398.14 427.82 385.11 59.66M 3.57%
January 2017 401.18 407.05 430.17 389.29 75.84M -2.03%

HCL Tech Company Information

HCL Technologies Ltd is a major IT services firm that provides organisations around the world to reinvent and re-imagine their operations using new Technologies. 

HCL Technologies, located in Noida, India, was formed on November 12, 1991. The industry’s principal industry is software development, work process management and managed services.

The company leverages an extensive offshore infrastructure and its global network of offices and employees work towards delivering services and solutions through select verticals including Financial Services Manufacturing Telecommunications Media Publishing Entertainment Retail and CPG Life  Sciences and Healthcare, Oil and Gas Energy, Utilities Travel Transportation, Logistics and Government. 

The company was founded as HCL Worldwide Limited but later renamed HCL Technologies since it accurately expressed the firm’s core operations and principles. It grew its operations around the world in locations such as the United States of America, Europe and Asia between 1991 and 1999. It decided to go public on November 10, 1999, and in 2002, it bought Gulf Computing Incorporated in the United States to increase its commercial development in the field. Its turnover for the fiscal year 2015 was $5.92 billion dollars.

Management of HCL Tech

HCL Technologies ltd, which provides IT and business services, has been in existence for more than 46 years, owing to its excellent leadership. It is filled with skilled and experienced individuals who have a deep understanding of technical and financial organisations. The following table provides an insight into their core managerial team: 

Company founders Shiv Nadar ‎and Arjun Malhotra
Chairman  Roshni Nadar Malhotra
Managing Director Shiv Nadar
Chief Information Officer Ajit Kumar
President Rahul Singh and G.H. Rao
Executive Vice President Stellar Kim Tucker
Ind. Non-Executive Directors Deepak Kapoor, Mohan Chellappa, Nishi Vasudeva,  R Srinivasan, Robin Ann Abrams, Sosale Shankara Sastry, Subramanian Madhavan, Thomas Sieber, Simon England
President & CEO C. Vijayakumar
Chief Financial Officer Prateek Aggarwal
Deputy Chief Financial Officer Prahlad Rai Bansal
Chief Technology Officer & Head Kalyan Kumar
Co. Secretary & Compl. Officer Manish Anand
Non-Exe. Non-Ind. Director Shikhar Malhotra
Chief Human Resource Officer V V Apparao

HCL Tech  Company Location

HCL Technology is located in over 52 countries. Its corporate headquarters, however, is in the Indian city of Noida, Uttar Pradesh. The following is the full address and location of their primary office. 

Head Office

HCL Technologies Ltd.

Technology Hub, SEZ

Plot No. 3A, Sector 126

Noida – 201304, 

Uttar Pradesh, India

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HCL Tech Company Performance

The table below showcases the HCL share price performance from 2020 to 2021. 

Date Price Open High Low Volume Change percentage
December- 2021 1,319.10 1,146.00 1,329.45 1,131.40 81.52M 15.85%
November- 2021 1,138.65 1,143.50 1,195.10 1,090.00 69.19M -0.45%
October- 2021 1,143.75 1,274.00 1,338.00 1,138.00 129.51M -10.61%
Sep 2021 1,279.55 1,190.00 1,377.75 1,154.00 102.24M 8.23%
Aug 2021 1,182.30 1,034.00 1,193.40 1,023.05 110.95M 15.35%
Jul 2021 1,024.95 987 1,052.50 960.3 97.81M 4.21%
Jun 2021 983.5 948 1,010.00 934.75 78.20M 4.05%
May 2021 945.2 898.75 956.9 891 101.42M 5.14%
April- 2021 898.95 981.26 1,043.38 895.4 136.31M -7.52%
March-2021 972.01 906.08 1,012.82 905.74 125.62M 8.05%
February-2021 899.6 909.05 975.82 886.65 114.73M -0.50%
January- 2021 904.11 931.8 1,055.45 899.66 171.34M -3.40%
December- 2020 935.91 815.08 939.72 806.28 148.84M 15.09%
November 2020 813.2 832.84 863.35 791.59 142.34M -2.36%
October- 2020 832.84 811.03 900.84 802.42 250.07M 3.74%
September- 2020 802.81 687.48 840.7 675.01 260.19M 16.88%
August- 2020 686.88 701.42 721.11 669.72 113.04M -1.53%
July- 2020 697.57 551.91 708.94 545.03 183.50M 26.64%
June- 2020 550.82 550.97 587.08 539.1 99.70M 1.20%
May -2020 544.29 521.79 548.99 496.96 116.10M 1.23%
April- 2020 537.67 428.31 559.38 394.98 99.93M 24.55%
March- 2020 431.68 535.19 575.6 371.19 147.45M -18.33%
February- 2020 528.57 585 616.75 525.45 77.22M -9.65%
January-  2020 585 563.24 611.31 560.71 82.44M 4.10%

HCL Tech  Stock Returns in 2020 & 2021

HCL Tech goals concentrate on the fundamental values of employees first, confidence, integrity, mobility and significance. Which form as assets to the company and the overal development of professional relationships. The firm has had a low return on equity of 17% for the last three years. The table below shows the companies stock performance between 2020 and 2021: 

  March 2022 March 2021 March 2020 March 2019 March 2018
  12Months 12Months 12Months 12Months 12Months
INCOME:          
Sales Turnover 40638 35673 32606 26012 22073
Excise Duty 0 0 0 0 0
NET SALES 40638 35673 32606 26012 22073
Other Income 880 965 587 805 702
TOTAL INCOME 41518 36638 33193 26817 22775
EXPENDITURE:          
Manufacturing Expenses 0 7515 7207 4901 3154
Material Consumed 150 139 148 164 188
Personal Expenses 15872 11749 9916 8079 7365
Selling Expenses 0 0 0 0 0
Administrative Expenses 9504 1835 2555 2450 2027
Expenses Capitalised 0 0 0 0 0
Provisions Made 0 0 0 0 0
TOTAL EXPENDITURE 25526 21238 19826 15594 12734
Operating Profit 15112 14435 12780 10418 9339
EBITDA 15992 15400 13367 11223 10041
Depreciation 2615 2813 1952 1276 893
Other Write-offs 0 0 0 0 0
EBIT 13377 12587 11415 9947 9148
Interest 109 177 238 16 23
EBT 13268 12410 11177 9931 9125
Taxes 2394 3667 2208 1746 1763
Profit and Loss for the Year 10874 8743 8969 8185 7362
Non Recurring Items 0 32 -63 10 28
Other Non Cash Adjustments 0 0 0 0 0
Other Adjustments 0 -32 63 -10 -28
REPORTED PAT 10874 8743 8969 8185 7362
KEY ITEMS          
Preference Dividend 0 0 0 0 0
Equity Dividend 0 3257 1089 877 1352
Equity Dividend (%) 0 599.82 200.55 323.62 486.33
Shares in Issue (Lakhs) 27150 27136.65 27136.65 13562.79 13922.46
EPS – Annualised (Rs) 40.05 32.22 33.05 60.35 52.88

HCL Tech Listings and Indices

The Listing of HCL Technologies Ltd. represents the date of incorporation, issuing public date, closing dates for the book and information related to key Listing. On other hand,  indices are also a part of listings with exchanges where the company performance is listed.

The company forms following indices are as follows:  

MCX-SX 40 Index Nifty 100
Nifty 100 Liquid 15 Nifty 100 and 30 low volatility
Nifty 200 Nifty 50
Nifty 50 equal weight  Nifty 500
NIFTY 500 Multicap 50:25:25 Index Nifty Alpha 50
Nifty Alpha Low Volatility 30 Nifty Dividend Opportunities 50
Nifty India Digital Nifty IT
Nifty LargeMidcap 250 Nifty Low Volatility 50
Nifty Services Sector Nifty Total Market
Nifty100 Equal Weight NIFTY100 Quality 30
Nifty200 Momentum 30 Index NIFTY200 Quality 30
Nifty50 USD Nifty50 Value 20
S&P BSE 100 S&P BSE 100 LargeCap TMC Index
S&P BSE 200 S&P BSE 250 LargeMidCap Index
S&P BSE 500 S&P BSE AllCap
S&P BSE Carbonex S&P BSE Dividend Stability Index
S&P BSE Dollex – 100 S&P BSE Dollex – 200
S&P BSE Information Technology S&P BSE LargeCap
S&P BSE LargeMidCap S&P BSE Sensex
S&P BSE Sensex 50 S&P BSE TECK

Listed on:

Bangalore Stock Exchange Limited Calcutta Stock Exchange Association Limited
Cochin Stock Exchange Limited  Delhi Stock Exchange Association  Limited
Inter-connected Stock Exchange of India Madras Stock Exchange Limited
MCX Stock Exchange National Stock Exchange of India Limited
Over The Counter Exchange Of India Limited The Stock Exchange, Mumbai

Should You Invest in HCL Tech?

Currently, HCL Technologies’ stock has dropped 17% since its high on January, but if expert price estimates are to be believed, the stock might rise nearer to 27%.

Moreover, Economists have reported that fourth-quarter revenue has increased from a small level and achieved Wall Street projections. They have claimed that profit growth was limited due to a dramatic drop in sales. Due to Constant Currency (CC) values, trade analysts have predicted an increase in revenue generation and a profit of 12-14 % in FY23, with an EBIT margin of 18-20 %. 

According to experts at Sharekhan, a Mumbai-based brokerage firm, wage increases and the expense of acquiring and maintaining personnel are cutting into profits.The firm’s operating profitability ie. interest and tax projection for the full year ending March 2022 has been lowered to 19 % from 19-21 % previously.

However, you should research and fulfil your due diligence, including technical and underlying analysis, before coming to any conclusions in terms of investments. Purchasing stocks can be a tricky matter and it’s vital to know about a company’s projections and share trajectory before fully investing in the same.

FAQ’s about HCL Tech Share Price

Q1. Is HCL Tech overvalued?

HCL Tech is overvalued based on its price-to-book ratio (4.6x) as compared to the IN IT Industry average (2.5x).

Q2. Can I buy HCL shares?

Yes, you can easily purchase HCL Technologies shares by creating a profile in Groww and getting your KYC documents verified online.

Q3. What is the future of HCL Technologies' share?

Till May 2022, HCL Technologies Limited’s growth is INR 1072.550. Based on the company’s performance, it is expected to increase more and for long-term investments, the company can be considered a good option. The future stock price prognosis is expected to generate INR 2619.400. In short, a 5-year investment is projected to provide approximately +144.22% in revenue.

Q4. Is HCL publicly traded?

Yes, HCL is publicly traded. Forbes Global 2000 list includes HCL Technologies. With an enterprise value of $50 billion as of September 2021, making it amongst India’s top 20 publicly listed companies.

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