HCL tech too is a stock which seems to have priced in further growth potential and is a candidate for consolidation moves to materialize. The PE ratios have risen well ahead in expectations of growth. If it's not able to break past the expectations on the earnings growth front, the confidence of the institutional investors that the money supply is going to inflate and create bubbles in already blowing stocks can help it sustain and move further on.
29 comments:
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