hcl technologies (citi) 3Q FY11 - Strong Results on All Counts

Revenue growth momentum continues; Margins expanded ~100bps; tracking guidance well; Infrastructure Services growth continues to surprise; BPO - investments seem to have started to help; HCLT continues to deliver; remains one of our preferred picks
Date Rating Target Price Recommendation Price Broker house
20 Apr 2011 buy 560 511 citi Report

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