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Shares of HCL Technologies Ltd were trading higher by 1.83 per cent in the afternoon session on Monday, and were heading for sixth consecutive daily gain.
The stock was on course to match a six-day winning streak in late December.
HCL Technologies stock gained around 14 per cent this month, recovering all of its 12.8 per cent loss over March and April.
Analysts say that the valuations are attractive.
HCL Tech was trading at 17.4 forward 1-year earnings vs 20.7 for sector leader Tata Consulting Services Ltd as per Thomson Reuters data ($1 = 63.6450 Indian rupees).
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