Indias tech sector growth rate seen halving to 3.8 percent in FY24 - Nasscom - Marketscreener.com
HCLTECH Stock | 1,848 7.15 0.39% |
Under 53% of HCL Technologies' investor base is interested to short. The analysis of current outlook of investing in HCL Technologies Limited suggests that many traders are impartial regarding HCL Technologies' prospects. HCL Technologies' investing sentiment shows overall attitude of investors towards HCL Technologies Limited.
HCL |
Indias tech sector growth rate seen halving to 3.8 percent in FY24 - Nasscom Marketscreener.com
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HCL Technologies Fundamental Analysis
We analyze HCL Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HCL Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HCL Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
HCL Technologies is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
HCL Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HCL Technologies stock to make a market-neutral strategy. Peer analysis of HCL Technologies could also be used in its relative valuation, which is a method of valuing HCL Technologies by comparing valuation metrics with similar companies.
Peers
HCL Technologies Related Equities
FACT | Fertilizers | 12.08 | ||||
MANGCHEFER | Mangalore Chemicals | 7.19 | ||||
PRIVISCL | Privi Speciality | 3.63 | ||||
PVSL | Popular Vehicles | 1.00 | ||||
KICL | Kalyani Investment | 0.93 | ||||
SILINV | SIL Investments | 1.04 | ||||
DMCC | DMCC SPECIALITY | 1.12 | ||||
JGCHEM | JGCHEMICALS | 1.57 |
Complementary Tools for HCL Stock analysis
When running HCL Technologies' price analysis, check to measure HCL Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HCL Technologies is operating at the current time. Most of HCL Technologies' value examination focuses on studying past and present price action to predict the probability of HCL Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCL Technologies' price. Additionally, you may evaluate how the addition of HCL Technologies to your portfolios can decrease your overall portfolio volatility.
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