HCLTECH Share Price, Analysis & Fundamentals

HCLTECH shows extreme downside pressure with RSI at 24 and a deep drawdown, suggesting potential exhaustion despite stable sequential fundamentals.

The stock is experiencing a significant downturn, with short-term returns showing a -22.41% decline over one month and -29.71% over three months. This bearish trend is further supported by a price that is 14.13% below its 50-day moving average, indicating weak market sentiment.
Momentum indicators are signaling weakness, with the Relative Strength Index (RSI) at 24.12 and a bearish Moving Average Convergence Divergence (MACD) signal. These technical indicators suggest that the stock's price may continue to fall.
Volatility remains elevated, with annualized 20-day volatility at 44.58%. The stock's current position 23.75% of the way up the Bollinger Bands suggests it is trading in the lower half of its recent price range, reinforcing the bearish outlook.
The stock is trading perilously close to its 52-week low, down 35.05% from its 52-week high and only 0.54% above its lowest point in the past year. This proximity to the low suggests substantial downside pressure and limited immediate support.
Despite the technical weakness, the company reported sequential growth in revenue, net profit, and EPS in the latest quarter. Year-over-year, revenue grew by 12.349%, net profit by 4.201%, and EPS by 4.222%, suggesting underlying business resilience.
Analyst sentiment is mixed, with a majority of 'Hold' ratings (41.46%), but 'Buy' and 'Sell' ratings are equally split at 29.27% each. This indicates a lack of strong consensus among analysts regarding the stock's future performance.

Short-term returns show a significant decline, with a 1-month return of -22.41% and a 3-month return of -29.71%.
The trend is bearish, indicated by a negative trend alignment score of -3 and the price being 14.13% below its 50-day moving average.
Momentum is weak, with an RSI of 24.12 and a bearish MACD signal.
Volatility is elevated, with annualized 20-day volatility at 44.58% and the price positioned 23.75% of the way up the Bollinger Bands.
The stock is trading near its 52-week low, down 35.05% from its 52-week high and only 0.54% above its 52-week low, with a current drawdown of -35.05%.

The market behaviour indicates a strong bearish trend with weak momentum. The price is significantly below its key EMAs and moving averages, and the RSI and MACD confirm the bearish sentiment. Volatility remains high, and the stock is trading near its 52-week lows, suggesting considerable downside risk. The volume conviction is not strong enough to suggest an immediate reversal.

The company reported a revenue of ₹33,981 Cr in Mar 2026.
Quarter-over-quarter, revenue increased by 0.322%, net profit by 9.995%, and EPS by 10.12%.
Year-over-year, revenue grew by 12.349%, net profit by 4.201%, and EPS by 4.222%.
Profit before tax saw a YoY decline of -0.575%.