HCL Tech gains on bagging Rs 198 crore order from Sydney Trains

19 Aug 2014

HCL Technologies is currently trading at Rs. 1533.80, up by 6.50 points or 0.43% from its previous closing of Rs. 1527.30 on the BSE.

The scrip opened at Rs. 1532.00 and has touched a high and low of Rs. 1539.50 and Rs. 1527.00 respectively. So far 6195 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. 1588.00 and Rs. 1503.80 respectively. The current market cap of the company is Rs. 107383.13 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 bagged a deal worth about 35 million Australian dollars amounting over Rs 198 crore from Sydney Trains to support and maintain 107 of its business applications. Under the contract, HCL Australia Services will provide support and maintenance services for 107 business applications.

Sydney Trains provides train services in the Sydney central business district and metropolitan area. It underwent a major restructuring and was formally launched on July 1, 2013, replacing CityRail as the provider of metropolitan train services for Sydney (Australia).

HCL Technologies in Australia and New Zealand (ANZ) is headquartered in Sydney with offices and delivery centres at Melbourne, Canberra, Brisbane, Auckland and Wellington and servicing clients across Sydney, Melbourne, Brisbane, Perth, Auckland, Hamilton and Wellington.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323