HCLTECH.NS HCL Technologies (NSE) closed INR 1450.40 on 23 Feb 2026: AI stock outlook
HCLTECH.NS stock closed at INR 1450.40 on 23 Feb 2026 as the NSE session ended, with intraday range INR 1443.00–1501.80. The stock paused after a recent slide — YTD returns are -12.11% — while AI and cloud services remain key revenue drivers for HCL Technologies Limited. We connect valuation, technicals and AI segment traction to explain near-term risks and a model-based yearly target.
HCLTECH.NS stock: market snapshot and fundamentals
HCL Technologies Limited (HCLTECH.NS) on the NSE closed at INR 1450.40, with market capitalisation 3886669735806.00 INR and volume 2397258.00 shares. Key fundamentals: EPS 60.74, PE 23.65, 50-day average 1648.24 and 200-day average 1581.91. These metrics show current valuation below recent averages while earnings and free cash flow remain solid.
HCLTECH.NS stock: AI and business drivers
AI, cloud native and digital transformation are core growth engines for HCL Technologies Limited. The company’s Products & Platforms and Engineering segments supply DRYiCE, Actian Avalanche and workforce analytics, giving recurring revenue exposure to AI workloads. Analyst checks show revenue per share 467.46 INR and R&D at 0.96% of revenue, underpinning product-led AI services expansion.
HCLTECH.NS stock: valuation, cash flow and dividend profile
Valuation shows price-to-sales 3.07 and price-to-book 5.33, while free cash flow per share is 79.06 INR. Dividend per share is 54.00 INR, implying a yield about 3.76%. Debt metrics are conservative: debt-to-equity 0.10 and interest coverage 28.34, supporting capital returns even if growth slows.
HCLTECH.NS stock: technical picture and trading signals
Technicals on the daily chart show oversold momentum: RSI 24.04, MACD histogram -17.10 and ADX 28.17 indicating a strong downtrend. Bollinger band middle is 1586.40 with lower band 1377.82, suggesting current price sits near the lower volatility band. Average volume 2710157.00 versus today’s 2397258.00 shows below-average participation.
Meyka grade, model forecasts and analyst context for HCLTECH.NS stock
Meyka AI rates HCLTECH.NS with a score out of 100: 80.16 | Grade A | Suggestion: BUY. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics and analyst signals. Meyka AI’s forecast model projects a 12-month price of INR 1950.15, versus the current INR 1450.40, implying an upside of 34.48%. Forecasts are model-based projections and not guarantees. Recent market commentary and technical notes are consistent with investing platforms Investing.com India and Investing.com UK technical.
Final Thoughts
HCLTECH.NS stock closed at INR 1450.40 on 23 Feb 2026 after a pullback that left key momentum indicators oversold. Fundamentals remain intact: EPS 60.74, free cash flow per share 79.06 INR, and low debt-to-equity 0.10 support confidence in execution. Our model view points to a 12-month target of INR 1950.15, an implied upside of 34.48%, driven by AI platform monetisation and stable cash conversion. Risks include near-term technical weakness, high price-to-book 5.33, and sector rotation away from technology. Use position sizing and stop-loss discipline; Meyka AI as an AI-powered market analysis platform flags this as a recovery candidate but not a guaranteed outcome. Forecasts are model-based projections and not guarantees, and investors should track HCLTECH.NS earnings on 14 Apr 2026 for fresh guidance.
FAQs
What is the current price and valuation for HCLTECH.NS stock?
HCLTECH.NS stock closed at INR 1450.40 on 23 Feb 2026. Key valuation metrics: PE 23.65, PB 5.33, price-to-sales 3.07, and EPS 60.74.
What upside does Meyka AI project for HCLTECH.NS stock?
Meyka AI’s forecast model projects INR 1950.15 in 12 months for HCLTECH.NS stock, implying an upside of 34.48% versus the current price of INR 1450.40. Projections are not guarantees.
How significant is AI revenue to HCL Technologies and the HCLTECH.NS stock thesis?
AI and cloud services are strategic for HCL Technologies, boosting Products & Platforms revenue and recurring licences. This AI-led exposure underpins the investment case for HCLTECH.NS stock but execution and margin retention are critical.
When is the next earnings release for HCLTECH.NS stock?
HCL Technologies has an earnings announcement scheduled for 14 Apr 2026. Market reaction to guidance and AI-related revenue disclosure will likely drive short-term moves in 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.