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HCL Technologies gains on entering into strategic partnership with AppDynamics

01 Sep 2014

HCL Technologies is currently trading at Rs. 1643.00, up by 12.65 points or 0.78% from its previous closing of Rs. 1630.35 on the BSE.

The scrip opened at Rs. 1640.00 and has touched a high and low of Rs. 1654.50 and Rs. 1637.20 respectively. So far 10720 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1666.00 on 28-Aug-2014 and a 52 week low of Rs. 970.00 on 29-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1666.00 and Rs. 1550.00 respectively. The current market cap of the company is Rs. 115210.53 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, a leading global IT services provider, has entered into a strategic partnership with AppDynamics, the leader in application Intelligence IT Operations to help enterprises transform application operations. This is a significant step in HCL’s Digital System Integration offering. HCL will be integrating the AppDynamics Solution as part of its MyCloud Platform to provide visibility and analytics for Applications and Next Generation Infrastructure.

HCL Technologies and AppDynamics partnership aims to radically improve applications performance, reduce costs and risk while increasing customer satisfaction. The partnership will bring operational excellence in customer IT environments to achieve a truly digitalized end-state, involving scale, automation and analytics to enable problem resolution across the most complex and mission critical environments.

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.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323