- Activity pressure is positive on the latest completed week.
- Latest weekly return ranks in the strongest part of its sector group.
HCLTECH
NSI
Week ended 24 Jul 2026
Weekly Investor Report
HCL Technologies Limited · Technology · Information Technology Services
Latest close
1,271 INR
5.6%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -4.1% below the Trend Line and sits at 34.6% of its 52-week range. The latest completed week returned 5.6%, after a 16.7% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 60/100.
Setup score
43
out of 100
Latest Close
1,271 INR
24 Jul 2026
1W Return
5.6%
latest completed week
4W Return
16.7%
short-term follow-through
12W Return
6.0%
quarterly tape
Trend Breadth
15.4%
8 of 52 weeks active
Volume Ratio
1.0x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is weak, so confirmation is not yet broad enough.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
5.6%
Latest completed week; four-week move 16.7%.
Indicator stack
8/59
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Buy
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
60/100
2 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -4.1% below the Trend Line and sits at 34.6% of its 52-week range. The latest completed week returned 5.6%, after a 16.7% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
30 Jan
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.0912-week average 0.04
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure1/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.09Current proprietary activity-pressure read.
Buy signals1Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 16.7% over four weeks, 6.0% over 12 weeks, and -11.7% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year8
Trend breadth15.4%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.05Latest activity-pressure read.
Pressure change104.5%Four-week change in activity pressure.
Leadership-4.68Latest relative-leadership reading.
RS change77.2%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive.
Factor week 26 Jul 2026
Financial statements through 31 Mar 2026
Field coverage 88%
Model confidence 88%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength86/100Blend of value, momentum, and quality. Underlying universe rank 15; rank 1 is best.
Value77/100Relative valuation strength. Underlying universe rank 24; rank 1 is best.
Quality98/100Profitability and accounting quality. Underlying universe rank 3; rank 1 is best.
Momentum29/100Medium-term price momentum. Underlying universe rank 72; rank 1 is best.
Growth60/100Revenue and earnings growth. Underlying universe rank 41; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework97/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 20.7x Price divided by trailing earnings.
- Price / sales
- 2.6x Market value relative to trailing revenue.
- EV / EBITDA
- 12.5x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 5.4% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 42.4% Gross profit retained from each unit of revenue.
- Operating margin
- 32.8% Operating profit retained from revenue.
- Free-cash-flow margin
- 14.3% Free cash flow generated from revenue.
- Return on invested capital
- 44.3% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- - Latest one-year revenue growth.
- EPS growth
- - Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- - Latest one-year free-cash-flow growth.
- Piotroski F-score
- 7/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 4.7% Cash dividends relative to market value.
- Buyback yield
- 0.2% Net share repurchases relative to market value.
- Shareholder yield
- 4.9% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -0.1x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment60/100
Weighted news tone is neutral across 2 relevant articles.
1 positive · 1 neutral · 0 negativePatient CapitalFresh
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
Fresh buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-27.2%Distance below the 52-week high.
13-week volatility3.4%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
30 Jan
27 Feb
27 Mar
24 Apr
22 May
19 Jun
24 Jul
Weeks higher11 of 2615 weeks finished lower.
Best week+5.6%Week of 24 Jul.
Worst week-15.0%Week of 24 Apr.
Latest week+5.6%Week of 24 Jul.
Shape of recent returns
Strong gains2
Modest gains9
Flat weeks0
Modest losses10
Sharp losses5
Recent vol3.4%13-week weekly-return volatility.
Base vol3.7%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew2.4% / -3.0%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorIN Technology
4-week rank9 / 100
Group average1.6%
Trend breadth52.0%
Trend52.0%active weekly trend signals
MD80.0%positive activity pressure
RS49.0%positive relative leadership
Four-week leaders
IndustryIN Information Technology Services
4-week rank2 / 67
Group average0.7%
Trend breadth25.4%
Trend25.4%active weekly trend signals
MD71.6%positive activity pressure
RS31.3%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape34/100
Trend, activity pressure, participation, and risk combine to a 34/100 tape read.
Indicator analysis12/100Latest 12-week confirmation: trend 0/12, activity pressure 1/12, relative leadership 0/12.
Activity pressure 0.09; No reversal markers Factors74/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 3 SVQF97/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 43.0 of 1590 Patient CapitalFreshActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
Fresh buy signal Sentiment60/100Weighted news tone is neutral across 2 relevant articles.
IT stocks weigh on India's Sensex, Nifty after HCLTech forecasts slower growth Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 24 Jul 2026 | 1,271 INR | 5.6% | 1,326 INR | 1,432 INR | 0.05 | -4.68 | 16.2M | Off |
| 17 Jul 2026 | 1,204 INR | 4.5% | 1,338 INR | 1,431 INR | -0.40 | -11.88 | 32.2M | Off |
| 10 Jul 2026 | 1,152 INR | 2.2% | 1,351 INR | 1,429 INR | -0.79 | -15.51 | 17.0M | Off |
| 3 Jul 2026 | 1,127 INR | 3.5% | 1,367 INR | 1,428 INR | -1.01 | -17.97 | 29.3M | Off |
| 26 Jun 2026 | 1,090 INR | -2.7% | 1,384 INR | 1,428 INR | -1.17 | -20.52 | 14.9M | Off |
| 19 Jun 2026 | 1,120 INR | 2.0% | 1,400 INR | 1,428 INR | -1.18 | -18.66 | 10.0M | Off |
| 12 Jun 2026 | 1,098 INR | -4.9% | 1,415 INR | 1,427 INR | -1.21 | -19.47 | 2.2M | Off |
| 5 Jun 2026 | 1,155 INR | -2.5% | 1,430 INR | 1,427 INR | -1.21 | -14.96 | 2.0M | Off |
| 29 May 2026 | 1,184 INR | 1.7% | 1,441 INR | 1,426 INR | -1.22 | -13.87 | 16.1M | Off |
| 22 May 2026 | 1,164 INR | 2.8% | 1,451 INR | 1,424 INR | -1.22 | -16.28 | 14.1M | Off |
| 15 May 2026 | 1,133 INR | -5.5% | 1,462 INR | 1,423 INR | -1.08 | -18.67 | 18.7M | Off |
| 8 May 2026 | 1,198 INR | -0.1% | 1,473 INR | 1,422 INR | -0.87 | -16.27 | 15.9M | Off |
| 1 May 2026 | 1,199 INR | -0.3% | 1,481 INR | 1,421 INR | -0.67 | -15.95 | 22.6M | Off |
| 24 Apr 2026 | 1,203 INR | -15.0% | 1,486 INR | 1,419 INR | -0.60 | -15.64 | 57.7M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.