HCL Technologies rises on extending partnership with Husqvarna Group

06 Dec 2023 Evaluate

HCL Technologies is currently trading at Rs. 1326.20, up by 8.90 points or 0.68% from its previous closing of Rs. 1317.30 on the BSE.

The scrip opened at Rs. 1320.05 and has touched a high and low of Rs. 1340.00 and Rs. 1319.30 respectively. So far 68182 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1350.00 on 04-Dec-2023 and a 52 week low of Rs. 1011.60 on 20-Dec-2022.

Last one week high and low of the scrip stood at Rs. 1350.00 and Rs. 1308.40 respectively. The current market cap of the company is Rs. 359777.72 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.44% and 4.75% respectively.

HCL Technologies and Swedish manufacturer Husqvarna Group have extended their strategic IT and digital transformation partnership. In a major milestone for HCLTech, this is the first time a large global IT contract by an India-headquartered technology company has been Vested certified. The Vested approach to drawing up contracts, based on the University of Tennessee's Haslam College of Business Administration's award-winning research, fosters an environment of innovation that improves service, reduces costs and unlocks business value for the parties involved in the contract. Vested contracts focus on creating an environment conducive for highly collaborative business relationships. 

Under the new five-year agreement HCLTech will leverage its AI, digital, engineering and support services to enhance the resilience and stability of Husqvarna Groups' IT environments through hyper-personalized, adaptive, AI-based solutions and a collaborative governance framework. 

HCL Technologies (HCLTech) is a leading global IT services company that helps global enterprises reimagines and transforms their businesses through digital technology transformation.

HCL Tech. Share Price

1332.95 -15.00 (-1.11%)
17-May-2024 16:01 View Price Chart
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Company Name CMP
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