HCL Technologies Ltd.
NSE: HCLTECHHCL Technologies Ltd.: A 30-second snapshot
HCLTech trades at Rs 1,365.4, up 21.79% over the trailing three months but down 3.27% over the trailing one year and 21.03% below its 52-week high, sitting just below its 200-day moving average (Rs 1,371.29). The stock carries a PE of 21.27 (forward 17.05), ROE of 24.07%, and a five-year record of ROE above 15% in 4 of 5 years alongside positive free cash flow in 4 of 5 years. Mean analyst rating stands at 2.85 across 40 analysts (1-5 scale, lower = more constructive).
P/E
21.3
Forward P/E
17.0
ROE
+24.1%
Debt / Equity
7.06
Profit Margin
+13.0%
Div. Yield
+4.4%
5Y ROE > 15%
4/5
5Y FCF > 0
4/5
Quality
61/100
News
8 headlines · 4 positive · 1 negative
Google Cuts HCLTech Deal By $50 Million Amid AI Push. 1,000 Staffers To Be Redeployed - NDTV
NDTV
India's HCLTech to invest $1.48 bln in AI data center, open 5,000-seat tech hub - Reuters
Reuters
HCL Technologies signs MoU for 5,000-seat Global Tech Center in Odisha - scanx.trade
scanx.trade
HCLTech likely to build its first India data centre in Odisha's Bhubaneswar - business-standard.com
business-standard.com
HCLTech becomes first Indian IT services firm to form small-business unit - livemint.com
livemint.com
Recent context
- ·HCLTech announced a $1.48 billion investment in an AI data center and a 5,000-seat tech hub, alongside an MoU reported as its first India data centre, in Bhubaneswar, Odisha
- ·Google reduced a deal with HCLTech by roughly $50 million amid an AI-related push, with about 1,000 staff to be redeployed, per NDTV
- ·HCLTech became, per reporting, the first Indian IT services firm to form a dedicated small-business unit
Strengths
- +ROE of 24.07% with 4 of the past 5 years above 15%, and free cash flow positive in 4 of 5 years
- +Debt-to-equity of roughly 0.07x with a flat debt trend, among the lowest leverage profiles in the peer set
- +Dividend yield of 4.42%
- +Recent news flow skews positive (4 positive vs 1 negative of 8 items), including a $1.48 billion AI data-center investment and a 5,000-seat tech hub MoU in Odisha
Weaknesses
- −Price remains below the 200-day moving average (Rs 1,371.29 vs Rs 1,365.4 current) and 21.03% below the 52-week high despite a 21.79% three-month rally
- −Composite quality score of 53 ranks 5th of 6 tracked large-cap IT peers, ahead of only Tech Mahindra (45)
- −Five-year revenue growth of just 3% trails five-year earnings growth of 8.4%
- −A roughly $50 million reduction in a Google engagement, with about 1,000 staff to be redeployed, was among recent headlines
Open questions
- ?Does the gap between 3% five-year revenue growth and 8.4% five-year earnings growth reflect a durable margin or efficiency trend, or a temporary tailwind?
- ?How does the $50 million Google deal reduction compare in scale to HCLTech's broader AI-services and cloud engagement pipeline?
- ?What has kept the price below the 200-day moving average even after a 21.79% three-month rally?
- ?How does a quality score of 53, ranked 5th of 6 among large-cap IT peers, break down across the underlying metrics (profitability, growth, leverage) rather than the single composite number?
Peer comparison: IT
Ranks 5 of 6 on qualityTechnical state
Current price
₹1,365.40
SMA 50
₹1,191.93
SMA 200
₹1,371.29
RSI (14)
69.9 (neutral)
From 52w high
-21.0%
1Y return
-3.3%
3M return
+21.8%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumTrading at Rs 1,365.4, still below the 200-day moving average (Rs 1,371.29) though above the 50-day (Rs 1,191.93); the stock remains 21.03% below its 52-week high and down 3.27% over the trailing one year, despite a 21.79% rally over the trailing three months.
- mediumComposite quality score of 53 ranks 5th of 6 tracked large-cap IT peers (LTM 60, TCS 59, WIPRO 58, INFY 57, TECHM 45), ahead of only Tech Mahindra; PE of 21.27 sits above TCS (17.78), INFY (15.44) and WIPRO (14.65) but below LTM (27.48) and TECHM (28.38).
- lowFive-year revenue growth of 3% trails five-year earnings growth of 8.4%, a gap consistent with margin or cost-efficiency gains rather than top-line expansion.
- lowRecent news flow (4 positive, 3 neutral, 1 negative of 8 items) includes a roughly $50 million reduction in a Google engagement with about 1,000 staff to be redeployed, alongside separate positive coverage of new AI data-center and tech-hub investment announcements.
Cross-section contradictions
- ROE has stayed above 15% in 4 of the past 5 years and free cash flow was positive in 4 of 5 years, yet the stock trades 21.03% below its 52-week high and is down 3.27% over the trailing one year, remaining below the 200-day moving average despite a 21.79% rally over the trailing three months.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 12 Aug 2026 · rotates through NIFTY 500 every ~5 days