Technical analyst Hitendra Vasudeo has maintained 'buy' rating on HCL Technologies Limited stock.
The analyst said that the interested investors can buy the stock between Rs 490-472.
If investors want to hold the stock, they can hold it with a stop loss of Rs 460.
Today, the stock of the company opened at Rs 501.25 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 517.50 and a low of Rs 348.15 on BSE.
Current EPS & P/E ratio stood at 15.51 and 32.88 respectively.
HCL Technologies registered a better-than-projected 33% increase in net profit for the three month period ended March 2011.
HCL Technologies posted a net profit of around Rs 4.68 billion in Jan-March period, whereas revenue grew by 31.5% to Rs 41.38 billion.
Profit was likely to increase 25% to Rs 4.3 billion, as per a Reuters poll of 17 analysts.
Revenue of the company remained at Rs 40.79 billion.
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