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.
Venugopal Garre on AI, earnings and why India’s market valuations may stabilize
Global markets face turbulence from geopolitical tensions and rising oil prices. Venugopal Garre advises investors to adopt a long-term perspective, building portfolios for the next