HCL Technologies surges on plan to expand global delivery center in Wake County

19 Sep 2014

HCL Technologies is currently trading at Rs. 1658.00, up by 22.15 points or 1.35% from its previous closing of Rs. 1635.85 on the BSE.

The scrip opened at Rs. 1638.50 and has touched a high and low of Rs. 1658.25 and Rs. 1636.90 respectively. So far 3906 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1680.00 on 08-Sep-2014 and a 52 week low of Rs. 996.05 on 19-Sep-2013.

Last one week high and low of the scrip stood at Rs. 1658.25 and Rs. 1595.65 respectively. The current market cap of the company is Rs. 114695.19 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, will be expanding its presence in Wake County. The company plans to expand its existing center and create an additional 1,237 jobs in Cary by the end of 2018.

As part of its strategy to accelerate innovation and further enhance satisfaction for its clients, HCL sees Cary as a strategic talent hub in the Americas and will invest approximately $9 million in expanding the center. The company continues to invest in its global delivery footprint in order to enhance value for its clients by developing near-shore capabilities.

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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