HCL Tech Shares Surge on AI Outlook

  Published 9 months ago

HCL Technologies shares rise to 1,518 rupees, driven by strong AI strategy and upgraded forecasts.

  • Nomura upgrades to buy, raising price target to 1,660 rupees, praising asset‑light AI focus strategy.
  • Jefferies raises PT to 1,730 rupees, citing infrastructure expertise and AI market share potential is strong.
  • ICICI upgrades to hold, lifts PT to 1,430 rupees, highlighting early Gen AI disclosures ahead.

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