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HCL Tech stock playing catch up with peers after lagging for three months

Strong deal pipeline is keeping analysts bullish; 41 out of 45 have a 'buy' rating

Topics
HCL Technologies | HCL tech stock | digital spend

Yash Upadhyaya  |  Mumbai 



HCl Tech Q2 net income rises 4.4% to Rs 2,651 crore, EBIT up 17.9%
HCL Tech is also one the cheapest large-cap IT stocks, barring Tech Mahindra.

After a period of consolidation, shares of India's fourth-largest IT company, HCL Technologies, are seeing renewed investor interest. Analysts say sustained deal momentum and attractive valuation make a case for the stock’s re-rating.

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First Published: Wed, December 16 2020. 19:50 IST

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