HCL TECH Share Price Target 2022, 2023, 2024, 2025, And 2030: Hi! Hope everyone is fine there and doing great in their respective field. Today we are here to tell more insights about one of the brands in our IT sector that is HCL technologies. We help you to predict the share price target for HCL TECH for future years.

We predict the share price target for HCL TECH on the basis of technical analysis, past years reports which include a quarterly report, and an annual report which helps you read to know whether an investment in that company share is a good choice or not.

HCL TECH Share Price Target 2022, 2023, 2024, 2025, And 2030

HCL Technologies is an Indian multinational company that deals in the sector of information technologies, Digital Process Operations, and consultation services. HCL TECH is a subsidiary of HCL Enterprise. In 1993, HCL emerges as an independent company when they come into the business of Software services. Its headquarters is in Noida. They have manpower of around 1,50,000 people.

Technical Analysis of HCL Technologies

As the data are given at their official website using that data we draw a technical analysis chart which helps us to know how the Share Prices of HCL performed in the last few years and how it will going to perform in upcoming years.

HCL

We when we analyze the chart we use different terms which include Elliot wave theory, Fibonacci Retracement and support, and resistance which help us to give a precise view to draw the upcoming Years technical chart. As we see in a chart stock has shown an up move and its short-term trend is positive stock analysis for the long term is also positive and in an uptrend. Its means that the share prices of HCL will go up in future years to come.

HCL TECH Share Price Target 2022, 2023, 2024, 2025, And 2030

We predict the share price target for HCL TECH on the basis of Fibonacci retracement, support, and resistance. All target levels for upcoming years are attached below

HCL

Year Target Of HCL TECH
2022(Target-1) Rs.1071
(Target-2) Rs.1156
2023(Target-1) Rs.1252
(Target-2)Rs.1346
2024(Target-1) Rs.1436
(Target-2) Rs.1619
2025(Target-1) Rs.1742
(Target-2)Rs.1894
2030(Target-1) Rs.2449
(Target-2) Rs.3299

HCL TECH Share Price Target 2022

As the technical analysis chart predict the shares of HCL TECH will go up in upcoming years so we predict the first possible target which HCL tech cross in the year 2022 is Rs.1071 and the second possible target which the share of these company will find is around Rs.1156.

HCL TECH Share Price Target 2023

We can predict first share price target for the year 2023 is around Rs.1252 then as every stock price after attaining their high they will show some downtrend after they again show positive move in the same year and go uptrend and we can predict the second possible target which they can beat is about Rs.1346.

HCL TECH Share Price Target 2024

For the year 2024, we can predict two possible targets which the shares of HCL TECH will beat easily first is around Rs.1436 and second is about Rs.1619 as I told earlier that company share prices will always in a positive move in future and share prices of this company share is increasing day by day in upcoming years.

HCL TECH Share Price Target 2025

In the year we can set first possible target which they can attain is about Rs.1742 and after attaining these values they show some negative movement and share prices of this company go down for while and after some time in that same year they will again show uptrend and we can predict second possible target which they can cross is around Rs.1894.

HCL TECH Share Price Target 2030 

At the very end of this decade, HCL TECH will become one of the top two IT sector companies which can rule the whole sector, So, we can predict first possible target for the year 2030 which they can cross is around Rs.2449 and the second possible target which they cross in 2030 is about Rs.3299.

HCL TECH Quarterly Report

As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you any mismatch of data in from the official site of HCL Tech we were not responsible for it.

HCL

In the June quarter of the financial year 2020, Company made net sales of around Rs.8,362cr and made a profit of around Rs.2,360cr after giving all the taxes. In the September quarter of the financial year, 2020 company made sales of Rs.8658cr. and make a profit of around Rs.2,530cr. And in the December quarter of same year that is 2020 company made sales of Rs.9,404cr. and make a profit of Rs.3,397cr. After paying all the taxes as govt. norms we can see increasing in the profit amount from last 3 quarter which is a good sign for an specific company and tell us about the present strength of the company that how they rule the market in a specific sector.

In the March quarter of 2021 the company made sales of around Rs.9,249cr. and make a profit of about 456cr. This is pretty much less than as compared to other quarter when we go behind that reason we find HCL TECH invest their profit amount of this quarter in purchasing new technologies which help them to grow their business more efficiently. In the June quarter of the year 2021 company make sales of around Rs.9,556cr.  and make profit after paying tax is about Rs.2,672cr.

HCL TECH Annual Report

As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you any mismatch of data in from the official site of HCL Tech we were not responsible for it.

HCL

In the year 2016 company made net sales of Rs.13,434.64cr.  and company made profit of around Rs.4,719.08cr. in the next year 2017 company made sales of Rs.19,318cr. And profit of Rs.6,873cr. In 2019 they made sales of 22,073 and make profit of Rs.7,362cr. As the data are given there we can say HCL TECH is in a good condition from past few years they make more profit every year from the last year.

In the year 2020, Company made sale sales of Rs.26,012cr. And profit of Rs.8,185cr.  And in the year 2021 they made sales of around 32,606cr. And profit of around Rs.8,969cr. after paying all the taxes according to the govt. regulations.

Conclusion

In this artical, We have done a detailed analysis of HCL TECH. We WERE tried to include every aspect in our article which is really essential to know before investing in any specific companies shares. 

Before ending this article, I am going to tell some strengths that will become a key factor for HCL TECH to emerge as the boss of IT Sector.

1. Increasing revenues year by year 

2. Wide range of products

3. Global coverage 

4. Keep up to date themselves

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