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HCL Technologies gains on entering into definitive asset purchase agreement with Trygstad

HCL Technologies Ltd. | IT - Software | IT & ITES | BSE: 532281 | NSE: HCLTECH

14 Jul 2015 Evaluate

HCL Technologies is currently trading at Rs. 963.40, up by 2.70 points or 0.28% from its previous closing of Rs. 960.70 on the BSE.

The scrip opened at Rs. 963.00 and has touched a high and low of Rs. 966.90 and Rs. 948.60 respectively. So far 29,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1058.20 on 11-Mar-2015 and a 52 week low of Rs. 720.00 on 14-Jul-2014.

Last one week high and low of the scrip stood at Rs. 966.00 and Rs. 912.90 respectively. The current market cap of the company is Rs. 1,35,662.00 crore.

The promoters holding in the company stood at 60.59% while Institutions and Non-Institutions held 33.31% and 6.10% respectively.

HCL Technologies has entered into a definitive asset purchase agreement to acquire certain assets of privately held Trygstad Technical Services (Trygstad), a US based provider of IT consulting services & solutions to marquee customers, in an all cash deal. With this strategic acquisition, HCL enhances its ability to provide additional value and turnkey solutions to ecosystems of large Independent Software Vendors (ISVs).

Trygstad Technical Services Inc. is a niche company with deep expertise in the areas of core engineering (including operating systems), Internet Of Things (loT), Embedded Systems and Intelligent Systems.

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 Tech. Share Price

1203.25 -73.95 (-5.79%)

24-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2397.30
Infosys	1154.45
HCL Tech.	1203.25
Wipro	199.40
Tech Mahindra	1360.05
View more..

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HCL Technologies gains on entering into definitive asset purchase agreement with Trygstad

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