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HCLTech Q1 Review - Results Beat; FY25 Guidance Retained: Dolat Capital

The brokerage expects HCLTech to deliver on improved revenue momentum over next two-four quarters expect it to sustain current valuations of 23x-25x which implies ~2.5x on PEG basis.

<div class="paragraphs"><p>HCLTech's booth at World Economic Forum 2023. (Photographer: Vijay Sartape/NDTV Profit)</p></div>
HCLTech's booth at World Economic Forum 2023. (Photographer: Vijay Sartape/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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