IT Stock Zooms 18% YTD, Axis Securities Sees Shares Soaring; Buy For TP Rs 1930

Large cap IT Software HCL Technologies Ltd shares zoomed over 25% in last 3-months and Axis Securities expects more rally in the stock. Last trading price of HCL Technologies shares on BSE is Rs 1754.15 per share with decline of 2.02% in trade on September 6, 2024. HCL Technologies recommended Rs 12 per share dividend and shares traded ex-dividend on July 23, 2024. HCL Technologies has a market capitalisation of Rs 4,76, 017.56 crore. HCL Tech announced 90 dividends since 2000, offered 3 bonus issues, and carried out stock split once in the ratio of 1:2. Check details below:

HCL Technologies Shares Performance: The 52-week high price of HCL Technologies share on BSE is Rs 1815.95 per share (as on 03/09/2024) and 52-week low price is Rs 1210.00 per share (as on 13/07/2023), respectively. HCL Technologies shares jumped 11% in last 1-month, soared 25% in last 3-month, jumped 42% in last 1-year, surged 87% in last 2-years, and gained 218% in last 5-years.

HCL Technologies Dividend History: HCL Technologies announced 90 dividends since September 25, 2000. In last 1-year, HCL Technologies announced an equity dividend amounting to Rs 54.00 per share. At the current share price of Rs 1756.10,

HCL Technologies offers a dividend yield of 3.07%.

HCL Technologies Bonus History: HCL Technologies announced 3 bonus issues since March 15, 2007. The last Bonus that HCL Technologies declared was in the ratio 1:1 with ex-date of Dec. 5, 2019.

HCL Technologies Stock Split History: HCL Technologies Ltd. has split the face value 1 time since Nov. 27, 2000. HCL Technologies Ltd. had last split the face value of its shares from Rs 4 to Rs 2 in 2000.The share has been quoting on an ex-split basis from November 27, 2000.

About: HCLTech is a global technology company, home to more than 224,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products.

Disclaimer: The stock has been picked from the brokerage report of Axis Securities. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.