HCLTech Soars: Brokerage Upgrades Target Amid Promising Growth Prospects!
Nuvama, a domestic brokerage, has upgraded its target price for HCL Technologies (HCLTech) to Rs 2,020 per share, a 15.5% increase from the previous Rs 1,800. The upgrade reflects HCLTech’s robust growth potential and improved capital allocation strategy. Key drivers include significant growth in data, AI, and cloud services, with management predicting double-digit industry growth ...