HCL Technologies - Deep Value With Strong Catalysts Ahead: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.HCL Technologies Ltd. is well positioned to deliver strong growth in IT services and engineering research and development given-improving deal total contract value, broad-based nature of growth across service lines with ability to win integrated apps plus infra deals, improving client metrics, investments in digital engineering and strengthening of sales leadership in lesser penetrated markets (Australia, Canada, France, Germany and Japan). We expect strong double digit growth in services for the next three years after a disappointing FY21 and H1 FY2022. HCL Technologies expects strong recovery in product business in Q3 due to seasonality, we believe products business has low growth characteristics; hence we model a softer revenue growth over the next two years..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

HCL Technologies - Deep Value With Strong Catalysts Ahead: Prabhudas Lilladher

HCL Technologies - Deep Value With Strong Catalysts Ahead: Prabhudas Lilladher

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