HDFC AMC, NHPC, Mahindra & Mahindra and Berger Paints Share Price in Bullish Breakout on Technical Charts
HDFC AMC, HCL Technologies, NHPC, Mahindra & Mahindra and Berger Paints Share Price in Bullish Breakout on Technical Charts. HCL Technologies reported strong quarterly results and the stock has surprised investors positively. The stock was trading strong.
HDFC AMC
52-week Price Range: Rs 3,415.55 – Rs 4,864.00 HDFC AMC is hovering near its 23.6% Fibonacci retracement zone at Rs 4,522, after a recent upward rally. A decisive move above Rs 4,625 could reopen the path toward testing the 52-week high. However, if it fails to hold above Rs 4,310 (38.2%), a short-term correction toward Rs 3,968 could materialize. Investors should monitor volumes for confirmation of breakout strength.
HCL Technologies
52-week Price Range: Rs 1,235.00 – Rs 2,012.20 Trading near Rs 1,590, HCL Tech is consolidating just above the 38.2% Fibonacci level (Rs 1,715). Breaking and sustaining above this mark could signal strength toward Rs 1,829 and beyond. On the downside, watch for support at Rs 1,531 as a key technical level aligned with the 61.8% retracement band.
NHPC
52-week Price Range: Rs 71.00 – Rs 118.40 NHPC is in a short-term consolidation phase, currently orbiting near Rs 90, close to the 61.8% Fibonacci level. A move back above Rs 94.70 (50% retracement) would be encouraging, especially with improving volumes. A dip below Rs 89.11 may indicate deeper consolidation toward Rs 83–85 levels.
Mahindra & Mahindra
52-week Price Range: Rs 2,001.00 – Rs 3,270.95 M&M is currently trending around the 23.6% retracement level at Rs 2,971, following a strong uptrend. If the price sustains above Rs 2,971 and crosses Rs 3,100, it could resume its upward rally toward Rs 3,270 and potentially higher. Any correction might find firm support around Rs 2,635 (50% level).
Berger Paints
52-week Price Range: Rs 437.75 – Rs 629.50 Berger Paints is showing strength by holding above the 38.2% Fibonacci zone at Rs 556. If it pushes past Rs 587–590 resistance, a test of the 52-week high at Rs 629.50 looks plausible. Support is firm around Rs 533, which also coincides with the 50% retracement level.
| Stock | 0.0 (High) | 23.6% | 38.2% | 50.0% | 61.8% | 100.0 (Low) |
|---|---|---|---|---|---|---|
| HDFC AMC | Rs 4864.0 | Rs 4522.17 | Rs 4310.69 | Rs 4139.77 | Rs 3968.86 | Rs 3415.55 |
| HCL Technologies | Rs 2012.2 | Rs 1828.78 | Rs 1715.31 | Rs 1623.6 | Rs 1531.89 | Rs 1235.0 |
| NHPC | Rs 118.4 | Rs 107.21 | Rs 100.29 | Rs 94.7 | Rs 89.11 | Rs 71.0 |
| Mahindra & Mahindra | Rs 3270.95 | Rs 2971.24 | Rs 2785.83 | Rs 2635.97 | Rs 2486.12 | Rs 2001.0 |
| Berger Paints | Rs 629.5 | Rs 584.25 | Rs 556.25 | Rs 533.62 | Rs 511.0 | Rs 437.75 |
HCL Tech Posts 8% Profit Growth in Q4
HCL Technologies reported a rise in net profit and revenue in its fourth-quarter results for fiscal year 2025, lifting investor sentiment and pushing the stock higher. While the company issued a modest revenue growth forecast for FY26, analysts offered mixed views on the stock's trajectory amid ongoing macroeconomic uncertainty.
Q4 Earnings Highlight Modest Growth
The Noida-based IT services major posted a net profit of Rs 4,307 crore for the quarter ended March 31, 2025, an 8% increase year-on-year from Rs 3,986 crore. Revenue from operations rose 6% YoY to Rs 30,246 crore. However, on a sequential basis, net profit declined 6%, while revenue inched up 1%.
Total contract value (TCV) for new deals during the quarter came in at $3 billion, fueled by demand for AI-driven solutions and the company's revamped go-to-market (GTM) strategy introduced earlier in the fiscal year.
FY25 Performance and FY26 Guidance
For the full fiscal year, HCLTech’s revenue rose 6% to Rs 1.17 lakh crore, with constant currency (CC) revenue up 4.7%. Net income for FY25 increased 11% to Rs 17,390 crore.
Looking ahead, HCL Tech forecast revenue growth of 2–5% YoY in constant currency terms for FY26. The services segment is expected to follow a similar trajectory. The company guided for an EBIT margin range of 18–19% for the fiscal year.
“Our execution capabilities position us well to harness medium-term opportunities, even as we remain prudent in the short term,” said C Vijayakumar, CEO and managing director of HCLTech.
Chairperson Roshni Nadar added, “We have delivered another year of robust growth with a future-ready portfolio. We remain committed to long-term stakeholder value creation.”
Brokerage Opinions Diverge
Analyst opinions were mixed following the Q4 results. Brokerage firm Nuvama upgraded the stock to “Buy” with a revised target price of Rs 1,700. The firm noted that HCLTech’s performance remains resilient relative to peers, with its FY26 revenue growth guidance slightly ahead of street expectations.
“HCLTech’s fundamentals remain intact, and following a 23% correction year-to-date, we see value supported by a 4.2% dividend yield,” Nuvama said in its note. It continues to value the stock at 23x FY27 earnings.
On the other hand, InCred downgraded HCL Tech, citing concerns over near-term margin pressures and subdued quarter-on-quarter profit growth. The brokerage remains cautious on IT sector valuations, especially as global clients adjust discretionary spending in an uncertain environment.
Investor Takeaway
While HCL Technologies’ latest results reflect stable growth and strong deal wins, the company’s conservative guidance has left analysts divided. Investors may find value in the stock's current valuation and dividend yield, but near-term volatility tied to global macroeconomic conditions and client spending behavior could weigh on performance.
