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In 1976, a group of six engineers, led by Shiv Nadar started a company Microcomp Limited, that would make personal computers. First, they started selling tele digital calculators to gather capital for their main product. On 11 August 1976, the company was renamed Hindustan Computers Limited (HCL).

On 12 November 1991, a company called HCL Overseas Limited was incorporated as a provider of technology development services. It received the certificate of commencement of business on 10 February 1992 after which it began its operations. Two years later, in July 1994, the company name was changed to HCL Consulting Limited and eventually to HCL Technologies Limited in October 1999.

HCL Technologies Ltd is in the IT – Software sector, having a market capitalization of Rs. 160,391.18 crores. It has reported a consolidated sale of Rs. 18,135 crores and a net profit of Rs. 2,944 crores for the quarter ended December 2019. As on 31-12-2019, the company has a total of 2,713,665,096 shares outstanding.

HCL Tech shares closed at 589.25 on January 20, 2020 (NSE) and has given 15.66% returns over the last 6 months and 22.03% over the last 12 months.

CRISIL has renewed and reaffirmed its corporate credit rating on HCL Technologies Limited (HCL Technologies) at ‘CCR AAA/Stable’.

For arriving at the rating, CRISIL has combined the business and financial risk profiles of HCL Technologies and its subsidiaries as they are in the same business. CRISIL has also amortised the goodwill arising out of HCL Technologies’ acquisition of Axon Group Plc over a 10-year period; adjusted net worth was Rs 40,239 crore as on March 31, 2019.

Healthy capital structure with comfortable gearing at 0.10 time, large networth of Rs 40,239 crore and cash and cash equivalents of Rs 8,866 crore as on March 31, 2019. Debt-protection metrics are robust, with interest coverage ratio of 81 times and net cash accrual to total debt ratio of 2.6 times in fiscal 2019. HCL Technologies is expected to invest in niche acquisitions to strengthen its existing portfolio in the medium term and will be largely funded from its cash surplus and healthy accruals.

The company management includes Shiv Nadar (Chairman and Chief Strategy Off.), Robin Abrams (Independent Director), Manish Anand. (Company Secretary), R Srinivasan Ramanathan (Independent Director), Sosale Shankara Sastry (Independent Director) among others.

if you find any mistake please inform research department [email protected] article is general in nature.It does not constitute a recommendation to buy or sell any stock and does not take account ur objectives or your financial situation.We have no position in the stocks mentioned above.Our aims to bring you a long term focused research analysis driven by fundamental.

Zee Entertainment Enterprises Ltd is India’s largest vertically integrated media & entertainment company, it was launched on 15 December 1991 as Zee Telefilms and was rebranded as Zee Entertainment Enterprises Ltd (ZEEL) on 2006.

Zee and its affiliate companies have leading presence across the media value chain including television broadcasting, cable distribution, direct-to-home satellite services, digital media and print media amongst others.

It is amongst the largest producers and aggregators of entertainment content in the world, with an extensive library housing over 250,000 hours of television content.

Zee Entertainment Enterprises has three sources of revenue viz. advertising, subscription and other sales and services. Other sales and services include revenues from movie production business, content syndication, music label and commission on sales amongst others.

Its current share price is 232.10. Its current market capitalisation stands at Rs 22215.98 Cr. In the latest quarter, company has reported Gross Sales of Rs. 79339 Cr and Total Income of Rs.82462 Cr.

Brickwork Ratings India downgraded Zee Entertainment Enterprises’ (ZEEL) 6% cumulative redeemable non-convertible preference shares with outstanding Rs 1,210.16 crore to ‘BWR AA (credit watch with negative implications) from ‘BWR AA+’ (credit watch with negative implications).

The company’s management includes Subhash Chandra (Chairman), Punit Goenka (MD & CEO), Aparajita Jain, R Gopalan, Surendra Singh, Ashish Agarwal, Adesh Kumar Gupta, Manish Chokhani & Ashok Kurien.

If you find any mistake please contact the [email protected]. This article is general in nature. It does not constitute a recommendation to buy and sell any stock, and does not take account of your objectives, or your financial situation. Largecapindia has no position in the stocks mentioned. Largecapindia aim to bring you long term focused research analysis driven by fundamental thanks you.

In the year 1966 the RIL was founded by Shri Dhirubhai H.Ambani, it was started as a small textile manufacturer unit. In May 8, 1973 RIL was incorporated and conformed their name as RIL in the year 1985.

RIL have evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services.

Reliance’s products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums. In 2004, Reliance emerged as the first and only private Indian organisation to be listed in the Fortune Global 500 list. In 2019, RIL ranked #71 in Forbes Global 2000 list, retaining No. 1 Indian Company tag.

The number of shares of RIL are approx. 3.1 billion. Mr. Mukesh Ambani (Chairman and MD) holds 48.87 % shares whereas the remaining shares are held by public shareholders, including FII and corporate bodies.

Oil refining is RIL’s largest activity, accounting for around 51% of the revenue in fiscal 2019, followed by petrochemicals at around 22% (both before interparty transactions).

Reliance Retail Ltd is India’s largest retail entity by revenue, while RJIL has also become India’s largest telecom service provider by revenue market share in Q1 FY 2020 (RJIL, a subsidiary of RIL, has built an all-IP data network with the latest 4G LTE technology, which supports voice over LTE. RIL holds 99.44% equity stake in RJIL. The network can be upgraded to support even more data, as technologies advance on to 5G and beyond).

The company has a good dividend track report and has consistently declared dividends for the last 5 years.

CRISIL has converted its provisional rating assigned to Pass-Through Certificates (PTCs) issued by First Business Receivables Trust under a securitization transaction originated by Reliance Industries Ltd (RIL; CRISIL AAA/Stable/CRISIL A1+) to a final rating of ‘CRISIL AAA (SO)/Stable’. CRISIL has reaffirmed its ‘Provisional CRISIL AAA (SO)/Stable’ rating to the balance PTCs, which are yet to be issued.

If you find any mistake please contact the [email protected]. This article is general in nature. It does not constitute a recommendation to buy and sell any stock, and does not take account of your objectives, or your financial situation. Largecapindia has no position in the stocks mentioned. Largecapindia aim to bring you long term focused research analysis driven by fundamental thanks you.

RITES Ltd is an enterprise owned by Government of India, it was established in 1974, under the guidance of Indian Railways. RITES is incorporated in India as a Public Limited Company under the Companies Act, 1956 and is governed by a Board of Directors which includes persons of eminence from various sectors of engineering and management.

RITES Ltd., an ISO 9001:2015 company, is a multi-disciplinary consultancy organization in the fields of transport, infrastructure and related technologies with a market cap of Rs 8018.75 Crore.

RITES is internationally recognized as a leading consultant with operational experience of over 55 countries in Asia, Africa, Latin America, South America and Middle East regions.

RITES Ltd. key Products/Revenue Segments include Consultancy Income which contributed Rs 760.36 Crore to Sales Value (38.61 % of Total Sales), Turnkey Project which contributed Rs 567.07 Crore to Sales Value (28.80 % of Total Sales), Sale of Products which contributed Rs 206.75 Crore to Sales Value (10.50 % of Total Sales) and Lease Rentals which contributed Rs 103.61 Crore to Sales Value (5.26 % of Total Sales) for the year ending 31-Mar-2019.

For the quarter ended 31-12-2019, the company has reported a consolidated sale of Rs 619.82 Crore, down -16.94 % from last quarter Sales of Rs 746.24 Crore and up 15.87 % from last year same quarter Sales of Rs 534.92 Crore Company has reported net profit after tax of Rs 147.03 Crore in latest quarter.

As on 31-12-2019, the company has a total of 250,000,000 shares outstanding.

The Board of Directors of the RITES, at the meeting held this week (Thursday, February 06, 2020), have declared an interim dividend at the rate of 40% of paid-up share capital (Rs. 4.00 per share).

RITES’s Corporate Office is at Gurgaon, India and Mr. Rajeev Mehrotra is the Chairman & Managing Director.

If you find any mistake please contact the [email protected]. This article is general in nature. It does not constitute a recommendation to buy and sell any stock, and does not take account of your objectives, or your financial situation. Largecapindia has no position in the stocks mentioned. Largecapindia aim to bring you long term focused research analysis driven by fundamental thanks you.