HCL Infosystems Share recommendation, prediction & analysis why it is going down?

HCL Infosystems Stock Recommendation & Prediction

HCL infosystems are one of the old stocks which were highly dependable when the Indian IT Hardware segment was flourishing. Since the past couple of years, the stock price for HCL infosystems is continuously going down and it looks like no good news is coming nearby.

HCL infosystems stock was seen reaching a high of 159 in November 2009, 89 in September 2014 and 64.05 in February 2018. Looking at the past trends of the share it looks like the share mostly moves in long cycles and according to industry trends. 

The current share price of HCL Infosystems, Why it is going down?

As of 22nd Feb 2020, the Current Price of HCL Infosystems id 6.11 in BSE and 6.15 in NSE. 

The current price of the share is one of the lowest spectrum range for the share. There are multiple reasons behind the falling share price, not much trust in the IT hardware growth, debts on HCL infosystems, decrease in revenue of HCL infosystems from 1024 Crore Q2 of FY 2019 to 429 Crores Q3 of FY20. 

HCL infosystems also have a total debt of 589.39 Crore on today's date. A lot of problems have covered HCL Infosystems for quite a while and that can be considered as the major reason for their bearish market sentiment. 

What is HCL Infosystems Stock Prediction and our analysis on 22 Feb 2020

HCL Infosystem share is going through a tough phase and there does not look any good indicators nearby as debts on the company are high and the industry is on the low. 

We will also like to inform that our stock predictions are just our assumptions after studying the charts and market. Please make your research before making any kind of investment, our prediction is not a piece of investment advice.

Our prediction for HCL Infosystems would be it is a high-risk stock which is also very slow-moving. The current price in which the stock is available is a good price and if the company is able to adapt to the changing markets the stock can yield some profit.  

Definitely, it's not the best time to buy the stock as there are too many wrongs on the way. 

If you can hold the stock long and are not looking for quick gains but believe the price for the reputed company will correct itself this might get you good positive results. 

Thank you for reading my blog, I love to study and analyze markets charts stocks and companies. If you have any questions please comment and i will respond to you. 

Follow my blog Stock Price For to stay updated with my analysis and predictions. 

If you wish to see my YES Bank stock prediction, Click here