HCL Technologies gains on bagging $250-million deal from Alcatel-Lucent

08 Aug 2014

HCL Technologies is currently trading at Rs. 1530.70, up by 9.95 points or 0.65% from its previous closing of Rs. 1520.75 on the BSE.

The scrip opened at Rs. 1520.00 and has touched a high and low of Rs. 1539.50 and Rs. 1514.35 respectively. So far 15,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1630.00 on 30-Jul-2014 and a 52 week low of Rs. 872.00 on 22-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1563.00 and Rs. 1510.00 respectively. The current market cap of the company is Rs. 1,07,516.00 crore.

The promoters holding in the company stood at 61.64% while Institutions and Non-Institutions held 32.58% and 5.77% respectively.

HCL Technologies (HCL), a global IT services provider, has reportedly won a $250-million deal from French telecom major Alcatel-Lucent. The deal involves the company taking up complete R&D work of Alcatel-Lucent in technologies such as 2G and 3G.

Besides, HCL will co-create intellectual property and help the French telecom major innovate in these areas. For HCL, this deal follows a spate of multi-million dollar deals that the company bagged in the 2014 fiscal.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses. HCL leverages its extensive global offshore infrastructure and network of offices in 31countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare & Life sciences.

Related HCL Technologies Ltd. Links:

HCL Tech. Share Price

958.90 5.20 (0.55%) Mar 03, 10:59
1 Year Price Chart
Peers
Company Name CMP
TCS 3024.15
Infosys 1325.25
HCL Tech. 958.90
Wipro 434.55
Tech Mahindra 970.10
View more..
Sensex vs HCL Tech.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback