HCL TECHNOLOGIES at 52 Week High; BSE 500 Index Up 1.0%
July 21, 2020 09:24 AM

HCL TECHNOLOGIES share price has hit a 52-week high at Rs 659 (up 1.2%).

Meanwhile, the BSE 500 Index is at 14,401 (up 0.9%).

Among the top gainers in the BSE 500 Index today are HCL TECHNOLOGIES (up 1.2%) and CENTRAL BANK (up 11.9%).

STERLITE TECH. (down 8.7%) and VODAFONE IDEA (down 6.5%) are among the top losers today.

Over the last one year, HCL TECHNOLOGIES has moved up from Rs 509 to Rs 659, registering a gain of Rs 150 (up 28.85%).

The BSE 500 has moved down from 14,642 to 14,401, loss of 241 points (down 1.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 656.4%), GRANULES INDIA (up 216.6%) and DIXON TECHNOLOGIES (up 213.6%).

What About the Benchmark Indices?

The BSE Sensex is at 37,860 (up 1.0%). The top gainers among the BSE Sensex stocks today are ICICI BANK (up 2.5%), HDFC BANK (up 1.8%) and AXIS BANK (up 1.5%). Other gainers include BAJAJ FINANCE (up 1.4%) and RELIANCE IND. (up 1.3%). The most traded stocks in the BSE Sensex are ICICI BANK and AXIS BANK.

In the meantime, NSE Nifty is at 11,143 (up 1.0%). WIPRO (up 3.7%) and ICICI BANK (up 2.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,031 to 37,860, registering a gain of -171 points (up -0.6%).

HCL TECHNOLOGIES Financial Update...

HCL TECHNOLOGIES net profit stood at Rs 32 billion for the quarter ended March 2020, compared to a profit of Rs 29 billion a year ago. Net Sales rose 2.5% to Rs 185.9 billion during the period as against Rs 181.4 billion in January-March 2019.

For the year ended March 2019, HCL TECHNOLOGIES reported 16.2% increase in net profit to Rs 101.2 billion compared to net profit of Rs 87.1 billion during FY18.

Revenue of the company grew 19.5% to Rs 604 billion during FY19.

The current Price to earnings ratio of HCL TECHNOLOGIES, based on rolling 12 month earnings, stands at 8.1x.