Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Adani Enterprises, Bajaj Finance, UltraTech Cement, Bajaj Finserv and HCL Technologies gained the most of the Nifty. Power Grid Corporation, JSW Steel, Bajaj Auto, Larsen and Toubro and IndusInd Bank saw the biggest losses

Taking Stock | Market makes a smart recovery amid choppy trade; Sensex up 170 points, Nifty above 17,600

Shares of Tata Consultancy Services, Infosys, HCL Technologies, Coforge and Persistent Systems are indicating chart structures that reflect resumption of their short-to-medium term upmove.

TCS, Persistent: Breakout in IT index may trigger up to 9% rally in stocks

The derivatives analyst from HDFC Securities suggests to BUY 1,150 Call for February 23 expiry of HCL Technologies, and simultaneously SELL 1,200 Call of the same series

F&O Call: Nandish Shah suggests Bull Spread strategy on HCL Tech

The other major winners included IndusInd Bank, Hindustan Unilever, Infosys, Wipro, HCL Technologies, Tata Consultancy Services and ICICI Bank

Markets end on mixed note; Sensex climbs over 224 pts, Nifty dips 6 pts

From the Sensex pack, ITC jumped 4.74 per cent. The other major gainers were IndusInd Bank, Hindustan Unilever, Infosys, Wipro, HCL Technologies, Tata Consultancy Services and ICICI Bank.

After opening in red, Sensex recovers to end at 59,932; Nifty falls to 17,610

Thuvakkam and HCL Foundation emerged the winners, while Care Earth Trust and Hinduja Leyland Finance, Tirunelveli District Administration/Indian Oil Corporation Ltd., were the first runners-up

MCCI announces winners of this year’s CSR awards

Divis Labs, Reliance Industries, BPCL, Axis Bank and Tata Motors were among the top Nifty losers, while gainers included SBI Life Insurance, UltraTech Cement, Larsen and Toubro, HCL Technologies and Cipla

Taking Stock | Investors cautious ahead of inflation data; Sensex, Nifty end lower

From the Sensex pack, Tech Mahindra, Larsen & Toubro, Tata Consultancy Services, HCL Technologies, Nestle, Infosys, Bajaj Finance, Asian Paints and Bajaj Finserv were the major laggards.

Opening bell: Day before budget, Sensex trades in red at 59,297, Nifty slumps to 17,596

From the Sensex pack, Bajaj Finance, UltraTech Cement, Bajaj Finserv, HCL Technologies, NTPC, Asian Paints, Infosys, Wipro, Maruti, Mahindra & Mahindra and Tata Consultancy Services were among the major winners.

Closing bell: Sensex settles in green at 59,500, Nifty climbs to 17,649

Roshni Nadar Malhotra launches book Palkhivala Foundation @20 Remembering The Legend ; Lakshmi Venu calls for economic revival sustainable in rural India for country’s progress

HCL Foundation to set up VidyaGyan in T.N. to nurture rural students

Based on the OI percentage, 172 stocks saw long unwinding on Wednesday due to sharp selling pressure in the market, including Marico, Power Grid Corporation of India, HCL Technologies, ITC and Gujarat Gas.

Trade setup for Friday: Top 15 things to know before the opening bell

HCL Technologies Limited is engaged in providing a range of software development services, business process outsourcing services and information technology infrastructure services.

HCL Technologies Ltd

HCL Technologies Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Taking Stock | Market makes a smart recovery amid choppy trade; Sensex up 170 points, Nifty above 17,600

TCS, Persistent: Breakout in IT index may trigger up to 9% rally in stocks

F&O Call: Nandish Shah suggests Bull Spread strategy on HCL Tech

Markets end on mixed note; Sensex climbs over 224 pts, Nifty dips 6 pts

After opening in red, Sensex recovers to end at 59,932; Nifty falls to 17,610

MCCI announces winners of this year’s CSR awards

Taking Stock | Investors cautious ahead of inflation data; Sensex, Nifty end lower

Opening bell: Day before budget, Sensex trades in red at 59,297, Nifty slumps to 17,596

Closing bell: Sensex settles in green at 59,500, Nifty climbs to 17,649

HCL Foundation to set up VidyaGyan in T.N. to nurture rural students

HCL Technologies Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Taking Stock | Market makes a smart recovery amid choppy trade; Sensex up 170 points, Nifty above 17,600

TCS, Persistent: Breakout in IT index may trigger up to 9% rally in stocks

F&O Call: Nandish Shah suggests Bull Spread strategy on HCL Tech

Markets end on mixed note; Sensex climbs over 224 pts, Nifty dips 6 pts

After opening in red, Sensex recovers to end at 59,932; Nifty falls to 17,610

MCCI announces winners of this year’s CSR awards

Taking Stock | Investors cautious ahead of inflation data; Sensex, Nifty end lower

Opening bell: Day before budget, Sensex trades in red at 59,297, Nifty slumps to 17,596

Closing bell: Sensex settles in green at 59,500, Nifty climbs to 17,649

HCL Foundation to set up VidyaGyan in T.N. to nurture rural students

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock