HCL Technologies Limited is a large cap company in tech sector. It belongs to Nifty 50 group of companies. Therefore HCL Tech share price fluctuations affect the movement of benchmark index.
HCL Tech Share Price Graph
HCL Tech is a global IT giant having strong presence in more than 31 countries. After 1999, ever since it first came up with IPO it strengthened its global presence. Focusing mostly on outsourcing jobs, it led the boom in Indian IT industry and grew in multiples. Its business area includes outsourcing, IT solution providing, software and hardware engineering, remote management of office infrastructure, B2B and B2C service providing and IT related R&D services.
As on 31st March, 2014, on LTM basis, HCL Tech and its subsidiaries amassed a whopping US $ 5.2 billions of revenue from its business in India and abroad. Extensive offshore services for global companies, maintaining holistic approach in all sorts of IT related services including manufacturing services, consumer services, financial services, public services, life science and healthcare services helped HCL Tech earn its revenue with a considerable year on year growth. In all 31 countries where it has spread its business arm, it has gained more and more customers on the basis of its goodwill.
The BPO arm of HCL tech led it business in these 31 countries. In addition HCL Tech provides end to end business solution to its customers. HCL Tech has partnered with several Fortune 1000 companies on project to project basis to cater to the need of its international customers. These partnerships along with its holistic approach to provide business solution has strenthened the company and increased its profit margin manifold.
Today this $ 5.2 billion company is one of the leaders in Indian IT sector which has been awarded several times by national and international bodies for its excellence in its field.
Company Financials – HCL Tech share price is Rs 842.10 (as on 19.06.17, EOD) in BSE. As per latest data, the standalone basis P/E is 17.42 versus average industry PE of 17.86, EPS is Rs 48.16. Market cap is Rs 1,10,724 crores. The face value of share is Rs 2.
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