HCLTech To Mull Results, Dividend; CLSA Issues Fresh TP To Buy

Large cap IT Software HCL Technologies share price witnessed rally of 2.33% intraday to Rs 1604.10 per share on Bombay Stock Exchange (BSE). The IT major witnessed surge of 3.78% in last 1-week. The Board of Directors of the company will meet April 22 to consider financial results for the year ending March 31, 2025 and payment of interim dividend. The large cap company has a market capitalisation of Rs 4,35,299.02 crore. It offers a return on equity (ROE) of 32.91%. Check more details below:

HCL Technologies To Consider Financial Results, Interim Dividend

According to the exchange filing of HCL Technologies dated March 24, 2025, “We would like to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on April 21 & 22, 2025 to consider amongst others:

Audited Financial Results of the Company for the financial year ending March 31, 2025.
Payment of Interim dividend for the financial year 2025-26.

The aforesaid items relating to the financial results and the payment of interim dividend shall be considered by the Board on April 22, 2025.”

HCL Technologies Dividend History

The company recommended a total of 90 dividends since May 15, 2003. In last 1-year, HCL Technologies announced an equity dividend amounting to Rs 60.00 per share. At the current share price of Rs 1604.10, it offers a dividend yield of 3.74%.

Western Union Inks Key Partnership With HCLTech

According to the BSE filing of the company dated March 24, 2025, HCLTech and Western Union declared key alliance to drive innovation and transformation in the financial services industry. C Vijayakumar, CEO and Managing Director of HCLTech, said, “This strategic partnership emphasizes our focus on empowering fintech companies through digital engineering led transformation and creating exceptional value for their stakeholders. We remain deeply committed to Western Union’s growth journey through innovative solutions that deliver real business outcomes.”

Should You Buy HCLTech Shares?

Brokerage firm CLSA issued “outperform” call to HCL Technologies from previous “hold” rating and upgraded target price to Rs 1882 from Rs 1811.

CLSA valued the IT stock at 23.9 times one-year forward price-to-earnings, from earlier 25.2 times. The analyst said HCL emerged as one of the fastest-growing IT firms in FY 2024 and 2025. It anticipates HCL to have highest constant currency (CC) growth among its peers in FY 2026 also.

HCL Technologies Bonus Shares History

HCL Technologies recommended a total of 3 bonus shares since 2007. Its last bonus share was announced in the proportion of 1:1 with ex-bonus date set as December 5, 2019.

HCL Tech Stock Split History

It split/sub-divided the face value of its share once since 2000. HCL Technologies last split the face value of its shares from ₹4 to ₹2 in 2000.The share has been quoting on an ex-split basis from Nov. 27, 2000.

HCL Technologies Shares Performance

The 52-week high of HCL Technologies share price on BSE stood at Rs 2,011.00 per share (as on 13/01/2025) and 52-week low price is Rs 1,235.00 per share (as on 04/06/2024), respectively. HCL Technologies shares fell 16.15% year-to-date (YTD), surged 2.96% in last 1-year, and gained 52.55% in last 2-years. In last 3-years, HCL Technologies stock soared 34.62% in last 3-years and rose 262.96% in last 5-years.

About HCLTech

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 story highlights dividend, quarterly results, and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.