Latest new in HCL Technologies

Latest new in HCL Technologies

Amit Dalal of Amit Nalin Securities is of the view that  current market price Rs.304 and I am say stock market price will be increased because HCL Technologies a very good buy at current level.

After three month target of this company Rs.400  and in  terms of valuations it definitely a very good price right now to buy HCL Technologies. There are lots of concerns in terms of profitability and margins of all technology companies but if you were to take a contrarion call and they are reported in  performance its very nice and batter that any company has shown you over the last quarter ended  .

I think HCL Tech hundred persent comes in that both in terms of consistent performance which it was not having before and also in terms of the ability to penetrate further the global market because this company ( HCL Tech) has a very good scale in communication so if you compare it to Satyam or an Infosys you are getting it a deep discount in valuation. And I think that the very  good entry point in terms of price.It is safe to assume that my clients & I may have an interest in the above-mentioned stock.

Posted on 20th October 2007
Under: HCL Technologies, Penny stock, Stock, Stock Market, Stock bizz, Stock pick, Stock quote, Technology | No Comments »