4 October 2007
HCL tec
HCL Technologies has transformed itself from a marginal IT player to a well differentiated, full services player focused on large deals. This would sustain dollar based revenue growth at a CAGR of 32% over the next few years. However, with the twin challenges of an appreciating rupee and the phasing out of the STP tax holiday under sections 10A and 10B in FY10, earnings growth would decline.
Current price : Rs 305 Target price : Rs 365
Potential upside : 19% Time Frame : 30 DAYS
by erectusplus at 15:22:00 |
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