HCL Tech | Buy Its Fresh All Time High

11 oct 2020

HCL Technologies is primarily engaged in providing a range of software development services, business process outsourcing services and IT infrastructure services. The company has generated EPS of Rs 10.80 during Q1FY21 as against full year EPS of Rs 40.73 which is ~26% of full year EPS. Considering the Covid lockdown the performance during Q1FY21 was good. The stock had hit fresh ATH level of 880 last week. With strong management commentary and tailwind in the industry Q2FY21 results is expected to have positive impact on stock price.