Anand Rathi Securities retains =??Q?=91buy?==??Q?=92?= on HCL

Anand Rathi Securities retains 'buy' on HCL

HCL Tech
CMP: Rs 336.60
Target price: Rs 425

Anand Rathi Securities has retained its 'buy' rating on HCL Tech while raising a target price of Rs 425. "HCL Tech provides a total IT outsourcing solution, with greater emphasis on cross-selling. For new practices, HCL Tech is aggressively taking steps such as expanding sales and marketing teams, and building delivery centres for future technologies, clearly indicating that it is gearing up for the next level of competition," says the Anand Rathi note to clients.

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Link : http://www.onlineequitycalls.com/2009/10/anand-rathi-securities-retains-buy-on-hcl/

 

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