HCL Technologies Limited is engaged in computer programming, consultancy and related activities.Further, improving economic growth outlook for the developed markets, it is expected that in the near to medium term the revenue visibility is expected to remain good, given HCL Tech’s ability to bag new deals. The company is virtually debt free. The company has a reported a healthy return on equity (ROE) of 26.2% for the last 3 years. It has been maintaining a healthy dividend payout of average 20%. Hence Buy.

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