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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-29

HCL Technologies Limited

HCLTECHNSETechnology
₹1,344.3
+25.70 (+1.95%)
Hold

Quality (73/100) does the heavy lifting; valuation (36/100) is the drag.

Buy zoneOvervalued
The bottom line

HCL Technologies Limited earns a Hold from StocksWizard, with a blended score of 45/100. At ₹1,344.3 it trades above our blended DCF and relative-multiples fair value of ₹884.79, about 34% downside to that estimate — we read it as overvalued by 34%. On 18.2x trailing earnings it sits roughly in line with the Technology median of about 20.0x. The price is about 20% below its 52-week high of ₹1,679.96 and 31% above the low of ₹1,023.75. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9. The average analyst target of ₹1,419.75 implies about 6% upside across 40 analysts. It clears 7 of 13 investability checks, with durability 73, valuation 71 and momentum 55 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹884.79down 34.18%
Overvalued by 34%
Price ₹1,344.3Range ₹672.15₹955.57
low confidence

With a 20% margin of safety, our buy-below price is ₹707.83. Low-confidence estimate — limited data.

Analyst views

40 analysts12 buy · 17 hold · 11 sell
12-month consensus target₹1,419.75up 5.61%

1-year price

EOD · 2026-07-29
1D
up 1.95%
1W
up 8.65%
1M
up 26.71%
3M
up 13.25%
6M
down 19.54%
1Y

52-week range

-19.98% from the 52-week high.

Trend check
Above 50-DMA₹1,158Below 200-DMA₹1,375

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Hold45
A
Financial health 100/100
Altman Z 6.61 · Safe zone

Piotroski F-score 6/9 — quality of earnings & balance sheet.

Our scores

Durability73
Valuation71
Momentum55

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 7 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 23.4%
  • Pass: Low debt (D/E < 0.5): 0.07x
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: 5%
  • Fail: Earnings growing: -0%
  • Pass: Net margin ≥ 10%: 12.8%
  • Pass: Current ratio > 1.5: 2.22
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 6.61
  • Fail: Piotroski ≥ 7: 6/9

Quarterly results

Revenue · 1Q2026
₹33,981 Cr
Net profit
₹4,488 Cr
Margin
13%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ -1%

Annual financials

Revenue · 2026
₹1.30 L Cr
Net profit
₹17,362 Cr
Margin
13%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +11%

Shareholding

  • Promoter62.8%
  • Institutions28.5%
  • Public & other8.7%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹3.01 L Cr
P/E ratio
18.2
P/B ratio
4.00
EPS (TTM)
₹61.36
ROE
23.4%
Debt / Equity
0.07x
Profit margin
12.8%
Free cash flow
₹185 Cr
52-week high
₹1,679.96
-19.98% from high
52-week low
₹1,023.75
Dividend yield
8.6%
Beta
0.05
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (23.4%).
  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 6.61.

Opportunities

  • Trading in our value buy zone versus sector peers.

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).

Threats

  • Earnings contracting year on year.
  • Trades ~34% above our estimated fair value.

About HCL Technologies Limited

HCL Technologies Limited provides IT and business services, engineering, research and development services, software products, and IP-led offerings. It operates through IT and Business Services, Engineering and R&D Services, and HCL Software segments. The company provides application development, management, modernization, and testing services, as well as commercial applications; automation services, including digital integration, business process management, robotic process

HCL Technologies Limited — frequently asked questions

Is HCL Technologies Limited a buy, hold or sell?

StocksWizard currently rates HCL Technologies Limited (HCLTECH) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is HCL Technologies Limited's fair value?

Our blended DCF and relative-valuation model estimates HCL Technologies Limited's fair value at about ₹884.79, versus a current price of ₹1,344.3 — roughly 34% downside. On that basis the stock looks overvalued by 34%.

Is HCL Technologies Limited financially healthy?

HCL Technologies Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9.

How has HCL Technologies Limited's share price performed?

HCL Technologies Limited is up 13% over three months, and last traded at ₹1,344.3. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.