Macquarie Maintains Outperform Rating on HCL Technologies with ₹2,080 Target Price

Global brokerage firm Macquarie has maintained its outperform rating on HCL Technologies , setting a target price of ₹2,080.00 per share for the IT services major.

Analyst Recommendation Details

The following table summarizes Macquarie's latest recommendation:

Parameter:	Details
Brokerage Firm:	Macquarie
Rating:	Outperform
Target Price:	₹2,080.00

Investment Outlook

The outperform rating indicates that Macquarie expects HCL Technologies to deliver superior returns compared to the broader market or sector benchmarks. This positive analyst sentiment reflects confidence in the company's business fundamentals and growth prospects.

The target price of ₹2,080.00 represents the brokerage's assessment of the stock's fair value based on their analysis of the company's financial performance and market positioning. Macquarie's recommendation provides investors with professional insight into the potential investment opportunity presented by HCL Technologies shares.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.27%	+3.45%	-0.60%	+1.51%	-16.40%	+56.59%

HCL Technologies has received an updated price target from Morgan Stanley, with the investment bank raising its target to ₹1,760 per share while maintaining an Equal Weight rating on the stock.

Analyst Rating Details

The following table summarizes Morgan Stanley's current rating parameters for HCL Technologies:

Parameter:	Details
Rating:	Equal Weight
Target Price:	₹1,760
Brokerage:	Morgan Stanley

Equal Weight Rating Significance

Morgan Stanley's Equal Weight rating indicates a neutral stance on HCL Technologies' stock performance relative to the broader market or sector peers. This rating typically suggests that the analyst expects the stock to perform in line with the overall market or sector average over the investment horizon.

The revised target price of ₹1,760 represents Morgan Stanley's updated fair value assessment for HCL Technologies shares based on their current analysis of the company's fundamentals and market conditions.

Market Context

The target price revision comes as part of Morgan Stanley's ongoing coverage of the Indian IT services sector. Equal Weight ratings are generally assigned when analysts believe a stock offers balanced risk-reward characteristics without presenting compelling reasons for overweighting or underweighting the position in investment portfolios.