BSE: 532281 NSE: HCLTECH
Current RoE – 23.7% and RoCE – 27.4%
10 Yrs RoE – 26.7% and RoCE – 31.2%
Only company in Indian Stock Market which has paid dividends for 71 consecutive quarters
Cheapest Stock in IT pack. Price to Earning is 20.93 against industry average PE of 28.8
EPS has grown a whopping 728% in the last 10 years from Rs.5 to Rs. 41. HCL Techs mode 3 business is growing at 35% every year. This company is expected to do very well in the next decade. Keep accumulating in small quantities on dips
Never sell, pass it onto future generations just like the founder who passed the baton (Chairmanship) to his daughter.
HCL Tech 19-year chart (Pic courtesy Money Control Mobile App). From Rs. 22 in Sep 2001 to Rs. 940 in Dec 2020.