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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA Maintains Buy on HCL Tech
CLSA has maintained buy on HCL Technologies for target of Rs 1,250 per share. CLSA says that engineering and digital are key long-term drivers. CLSA adds that margin band is likely to remain between 21-22 per cent despite currency benefits and HCL Tech is attractive at 13 times FY17 earnings.