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HCLTech is the flagship company of the HCL Group. [64] Another HCL Group company, HCL Infosystems, was formed in 1976 to produce calculators. [ 65 ] HCL Infosystems later became one of the leading manufacturers of personal computers and laptops in India, but it eventually lost market share to foreign competitors like HP and Dell , and shut down ...
HCLTech is trading at a price-to-earnings ratio of 26.5x (last 12 months), trailing larger rivals TCS and Infosys, which are at 32.5x and 27.04x, respectively.
NIFTY 500 is India’s first broad-based stock market index of the Indian stock market. [1] It contains top 500 listed companies on the NSE. The NIFTY 500 index represents about 96.1% of free float market capitalization and about 96.5% of the total turnover on the National Stock Exchange ().
HCLTech's third-quarter net profit rose 6.2%, to 43.50 billion rupees ($524.80 million) from a year earlier, surpassing analysts' average estimate of 41.51 billion rupees, per LSEG data.
BENGALURU (Reuters) -HCLTech, India's third-largest IT services company, on Monday raised the lower end of its fiscal year 2025 revenue growth forecast, citing better-than-expected performance in ...
HCL AXON is a UK-based consultancy which sells its services to customers using SAP and Oracle as their Enterprise Resource Planning (ERP) system modeling tools. Previously listed on the London Stock Exchange, and a FTSE 250 Index constituent, the company has been a subsidiary of Indian outsourcing firm HCL Technologies since December 2008, after the reverse merger of Axon Group and HCL SAP ...
The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
However, at the current price, it trades at only 26 times trailing-12-month earnings, a discount to the S&P 500 average. ... The Stock Advisor service has more than quadrupled the return of S&P ...