BNP Paribas Securities has assigned a target price of Rs 2,100 with an ‘Outperform’ rating to HCL Technologies.

BNP Paribas Securities has issued a research report on HCL Technologies, assigning an “Outperform” call on the stock. The research firm has set a target price of Rs 2,100 for the IT services company. The report likely highlights the company’s strong fundamentals, growth prospects, and financial performance. HCL Technologies has been a consistent performer in the IT sector, with a track record of delivering strong revenue growth and improving margins. The company’s diversified business model, robust client relationships, and strategic acquisitions have contributed to its success. The research report may also emphasize the company’s focus on digital transformation, artificial intelligence, and cloud computing, which are key growth areas in the IT sector. Overall, the “Outperform” call and target price of Rs 2,100 suggest that BNP Paribas Securities expects HCL Technologies to outperform the broader market and deliver strong returns to investors in the future.