HCL share price target 2023, 2024, 2025 to 2030

HCL share price target
Photo by Anna Nekrashevich: Pexels

We are here with our experience, research, fundamentals and technical analysis for HCL share price targets for the years 2023 to 2030. Before we start with the share price forecast, we need to share a brief overview of the company.

HCL Technologies Limited is a global technology company headquartered in Noida, India. The company was established in 1991 and provides many IT services and solutions to clients.

HC Limited works in Infrastructure Management, Cyber Security, Digital Transformation and Application development.

It is a publicly-traded company and is listed on NSE and BSE and other exchanges as well. The company has traded a volume of 2,688,253 and a market capitalization of Rs 2,88,576 crore.

The company has performed consistently well over the years and the share price has increased significantly in recent years.

Its share price in 2018 was Rs 484.20 and the current share price is Rs 1051.75, up 78.30%. As per official data, the total revenue is Rs 85,651 crore and the net income is Rs 13,500 crore in FY22.

Fundamentals of HCL Technologies

Company NameHCL Technologies Limited
IndustryTechnology
CountryIndia
Primary ExchangeNSE/BSE
Founded1991
Traded Volume2,688,253
Market Capitalization₹ 2,88,574 Cr
Revenue (Q3 FY 23)₹ 26,700 Cr (up 13.1% YoY)
Net Profit (FY22)₹ 13,513 Cr
Net Profit Margin15.73%
EPS (TTM) (FY22)51.29 (+31.43% YoY) A good EPS is often a good
indicator shows consistent earning growth
over time.
PE (TTM)19.73
Dividend Yield3.99
Dividend Per Share44.05
ROE22.16%
52 Week Low877.35
52 Week High1203.00
Debt to Equity0.11
Buy / Sell / HoldBuy
Face Value2
Official Websitewww.hcltech.com

HCL share price history for the last 5 years

YearLowHigh
2018455.17543.90
2019517.28591.67
2020436.40946.15
2021898.951319.10
2022932.351120.80
20231051.75

HCL share price targets for 2023, 2024, 2025, 2026, 2028 and 2030

Basically, the share price target is based on market trends, industry performance, company financials and other factors. According to some industry experts, HCL share price may see a significant increase in the coming years. In fact, many analysts have a positive outlook for HCL shares and have set a price target of around Rs 1,200 to Rs 1,700 in 2023.

HCL share price chart

Note: You are advised that these share price targets are not exact prices, they are predictions of future prices which may vary. You should always do your own research and consult your financial advisor before investing.

2023

In 2023, as per our experience, research and technical analysis, the lowest share price target will be Rs 1030.50 to Rs 1185.30. But, the maximum target price for HCL stock will be Rs 1250.20 to Rs 1365.10 per share.

2024

As per our research, experience and forecast system, the lowest share price target will be Rs 1250.40 to Rs 1320.40. And at the end of the year, the maximum target price for the HCL share would be Rs 1305.80 to Rs 1430.20 by 2024.

2025

In 2025, based on market trends, company history, our experience, research and technical analysis, the lowest share price target will be Rs 1430.40 to Rs 1540.30. And at the end of the year, the maximum target price for the HCL share will be Rs 1655.80 to Rs 1730.90.

2026

As per our research, company history and forecast system, the lowest share price target will be Rs 1750.30 to Rs 1820.40. And at the end of the year, the maximum target price for the HCL share will be Rs 1905.40 to Rs 2050.20 by 2026.

2028

In 2028, with in-depth research, our experience and technical analysis, the lowest share price target would be Rs 2180.70 to Rs 2250.70. And in the middle of the year, the maximum target price for the HCL share would be Rs 2340.20 to Rs 2560.70.

2030

According to our research and forecast system, the minimum share price target will be Rs 2530.20 to Rs 2640.10. And at the end of the year, the maximum target price for the HCL share would be Rs 2820.50 to Rs 3080.40 by 2030.

Risk factors

HCL Technologies is an IT sector company and a number of risks may affect its business operations and financial performance. So, the company share price target may get affected in the following cases:

  • Competition: This industry is highly competitive so, may be affected by both established companies and new entrants.
  • Economical: Changes in global economic conditions, such as recessions, currency fluctuations and others. Which may affect its revenue growth and profitability in the future.
  • Cyber Security: Cybersecurity threats and challenges in retaining a skilled workforce can also be major risk factors for the company.

Shareholding pattern

The shareholding pattern of any company shows you the types of shares held in the company. Generally, the promoter’s share percentage should be a minimum of 40% in the company. Also, it has to be seen what is the pledged percentage of the promoter’s share.

Here, the most important is the foreign institutions, as they are qualified investors and know the company very well than others. But, you have to track whether they are leaving the company or not.

Promoters60.71%
Mutual Funds8.97%
Foreign Institutions18.27%
Domestic Institutions6.16%
Retail & others5.89%
Steps Required for Retail Investors

Before investing in the shares of any company, we need to look at the fundamentals, such as what the company does, its financial performance, market trends, revenue growth, whether the company is profitable or not, how much institutional investment, debt to equity, EPS, PE Ratio, etc.

FAQs
Q: What is the maximum share price of HCL shares in 2023?

A: The maximum share price of HCL will be Rs 1250.20 to Rs 1365.10 per share by 2023.

Q: What will be the share price targets for HCL Technologies in 2025?

A: The maximum share price target for HCL Technologies in 2025 would be Rs 1655.80 to Rs 1730.90.

Q: Is HCL Technologies stock good to buy in 2023?

A: At present, its share price is priced at Rs 1051, which is higher with a buy objective. Still, it can be a good option for the long term, but you need to track its performance all the time.

Q: What will be the share price targets for HCL Technologies in 2030?

A: The maximum share price target for HCL Technologies in 2030 would be Rs 1655.80 to Rs 1730.90.

Disclaimer: The share price forecasts on our website (bankshala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice. Before investing in any company you should do your own research and analyze and consult your financial advisor before taking any decision.

About Bankshala team

We are a dedicated professional team, working closely with each other to provide quality content in the banking and finance sectors. Some editors have been investing in the stock market for almost 15 years and have a lot of experience.

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