HCLTECH.NS HCL Technologies (NSE) close INR 1703.10: AI model flags 14.15% upside
Close at INR 1703.10, HCL Technologies Limited (HCLTECH.NS) finished the NSE session flat on 26 Jan 2026 as investors weighed AI-led service wins against a modest valuation premium. HCLTECH.NS stock shows a trailing PE of 28.15 and EPS of 60.63, and trading sits above the 50-day average of INR 1650.90. For AI-focused portfolios, the stock’s mix of proprietary platforms and engineering services positions it for steady digital deal flow, but near-term upside depends on margins and contract cadence.
HCLTECH.NS stock: market snapshot and price action
HCLTECH.NS stock closed at INR 1703.10 on 26 Jan 2026 with a day range of INR 1681.50 to INR 1709.00 and volume of 1,853,439 shares. The stock is trading near its 50-day average of INR 1650.90 and above the 200-day average of INR 1576.26, signaling medium-term support. Year high is INR 1829.40 and year low is INR 1302.75, showing a one-year decline of -5.53% but three-year total return of +52.25%.
Technically, RSI is 53.03, MACD histogram is -6.28, and ADX reads 29.22 indicating a firm trend. Daily volatility (ATR) is 29.73 and Bollinger Bands middle band sits at INR 1650.38, which suggests range-bound trading with bias toward recent averages.
HCLTECH.NS stock valuation and financials
Valuation metrics for HCL Technologies show a trailing PE of 28.03 and price-to-sales of 3.65. Book value per share is INR 269.45 and cash per share is INR 120.84, giving a conservative liquidity cushion. Return on equity is 23.23% and free cash flow per share is INR 79.06, supporting the company’s dividend policy and capex needs.
Profitability remains healthy with net margin of 13.03% and operating margin of 17.58%. Debt levels are low with debt to equity at 0.10 and interest coverage at 28.34, lowering financial risk while HCL scales AI and cloud investments.
HCLTECH.NS stock: AI strategy and growth drivers
HCL Technologies bundles AI into products and services including DRYiCE software, Actian Avalanche, and industry platforms that target hybrid cloud transformation. These assets support higher-value digital deals and recurring software revenue. HCLTECH.NS stock benefits from Engineering and R&D Services expansion that feeds product-led growth and cross-sell opportunities.
Recent revenue growth is positive with FY revenue growth of 6.93% and net income growth of 10.37% year-on-year. For AI-focused investors, HCL’s product portfolio and platform-led deals are key earnings drivers and can lift margins if demand holds.
Meyka AI rates HCLTECH.NS with a score out of 100
Meyka AI rates HCLTECH.NS with a score of 79.41 out of 100 (Grade: B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The rating balances strong cash flow and ROE against a premium price-to-book ratio of 6.34.
Meyka AI’s forecast model projects a yearly price of INR 1944.14, implying an upside of 14.15% from the current INR 1703.10. Forecasts are model-based projections and not guarantees. See our stock page for live updates: Meyka HCLTECH.NS stock page.
HCLTECH.NS stock: risks, catalysts and analyst view
Key risks include contract timing, client spending shifts in large accounts, and margin pressure if wage or subcontract costs rise. Valuation sensitivity is notable given a price-to-book of 6.34 and price-to-free-cash-flow of 21.58. Currency fluctuations and macro slowdown in end markets could affect revenue conversion.
Catalysts to watch are large AI platform deal announcements, beat-and-raise earnings, and stronger software ARR growth. Independent analysts gave an A- rating on 23 Jan 2026 with a Buy view, though PE and PB metrics drew caution. For current news flow, monitor market updates on India equities and peer movements Investing.com India markets and peer activity like Infosys Investing.com Infosys page.
Final Thoughts
HCLTECH.NS stock closed at INR 1703.10 on 26 Jan 2026, balancing steady cash generation and a targeted push into AI products. Financials show solid ROE of 23.23%, EPS 60.63, and free cash flow per share INR 79.06, supporting dividends and strategic investment. Meyka AI’s forecast model projects a yearly target of INR 1944.14, implying a 14.15% upside versus today’s price. Our B+ grade captures strong operating metrics and AI tailwinds but flags valuation risk with PB at 6.34 and pfcf at 21.58. For AI stock strategies, HCL Technologies presents a measured buy case if contract momentum and software ARR expand; conversely, watch margin trends and deal timing closely. Forecasts are model-based projections and not guarantees, and investors should align position size with risk tolerance.
FAQs
What is the current price and valuation for HCLTECH.NS stock?
HCLTECH.NS stock closed at INR 1703.10 on 26 Jan 2026. Trailing PE is 28.15, PB is 6.34, and EPS is 60.63. These metrics show a premium relative to some peers and reflect strong profitability.
How does Meyka AI forecast HCLTECH.NS stock performance?
Meyka AI’s forecast model projects a yearly price of INR 1944.14 for HCLTECH.NS stock, implying about 14.15% upside from INR 1703.10. Forecasts are model-based and not guarantees.
What are the main AI growth drivers for HCLTECH.NS stock?
HCLTECH.NS stock benefits from DRYiCE, Actian Avalanche, and engineering services that convert AI and cloud demand into higher-value, recurring contracts and platform revenue.
What risks should investors watch for HCLTECH.NS stock?
Watch contract timing, margin pressure from higher costs, currency moves, and valuation sensitivity given PB and price-to-FCF ratios. These can affect short-term returns for HCLTECH.NS stock.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
