JPMorgan has maintained a neutral rating on HCLTech with a target price of Rs 1,510. The recent CFO succession, while surprising, is expected to proceed smoothly. Prateek, who held the CFO position for six years, had been with HCLTech for 13.5 years in total.
Fund Manager Talk | Markets may move in 5% range till festive season: Trideep Bhattacharya
Indian equities are expected to consolidate in a narrow range over the next few months as corporate earnings remain the missing link, says Trideep Bhattacharya