HCL Tech surges on extending infrastructure transformation contract with Purdue Pharma

19 Jun 2014 Evaluate

HCL Technologies is currently trading at Rs. 1449.05, up by 15.60 points or 1.09% from its previous closing of Rs. 1433.45 on the BSE.

The scrip opened at Rs. 1430.00 and has touched a high and low of Rs. 1452.80 and Rs. 1410.35 respectively. So far 16768 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1588.65 on 28-Feb-2014 and a 52 week low of Rs. 745.30 on 26-Jun-2013.

Last one week high and low of the scrip stood at Rs. 1472.45 and Rs. 1385.00 respectively. The current market cap of the company is Rs. 100989.09 crore.

The promoters holding in the company stood at 61.69% while Institutions and Non-Institutions held 32.28% and 6.03% respectively.

HCL Technologies (HCL), a global IT services provider, has renewed its agreement and expanded its partnership with its customer, Purdue Pharma L.P, a leading pharmaceutical company. The agreement has been extended for end-to-end IT Infrastructure Management engagement with HCL, marking an important milestone for the strategic partnership signed in year 2010.

Under the terms of new agreement, HCL will expand collaboration with Purdue on their ongoing companywide IT and infrastructure management undertaking. This will include extended support on existing projects such as data center management as well as new assignments such as virtualization, backup transformation and future product rollouts.

HCL will enable establishment and adoption of new systems and technologies by providing unified service aggregation and management across their servers, network, messaging, database, storage and backup. HCL will also render service desk and remote desktop services for all US offices of Purdue from its North Carolina based delivery center.

With capacity for more than 1000 seats, HCL’s North Carolina center is one of the key hubs for delivering information technology, infrastructure management and business process services to its global clients.

HCL Tech. Share Price

1358.25 3.90 (0.29%)
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