HCL Technologies gains on inking two strategic partnerships for its smart vehicle offerings

09 Jun 2016

HCL Technologies is currently trading at Rs. 749.50, up by 5.95 points or 0.80% from its previous closing of Rs. 743.55 on the BSE.

The scrip opened at Rs. 749.45 and has touched a high and low of Rs. 749.50 and Rs. 744.05 respectively. So far 16649 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1004.95 on 31-Jul-2015 and a 52 week low of Rs. 706.50 on 11-May-2016.

Last one week high and low of the scrip stood at Rs. 749.50 and Rs. 715.00 respectively. The current market cap of the company is Rs. 104896.79 crore.

The promoters holding in the company stood at 60.38% while Institutions and Non-Institutions held 32.63% and 7.00% respectively.

HCL Technologies (HCL) has signed partnerships with two leading automotive solution providers to expand its offerings for the fast-growing smart vehicle ecosystem. Working to enhance HCL’s existing Smart Mobility and Vehicle Engineering Services, alliances with Movimento and Rightware will bring invaluable services to HCL’s clients.

Movimento is a leading provider of over-the-air (OTA) update solutions for automotive solution providers. The partnership between Movimento and HCL will offer automotive lifecycle management, updates and support for on- and off-board software. The company’s partnership with Rightware, a leader in advanced user interface (UI) technology for automotive applications, will enable HCL to help automotive solution providers and Tier-1 manufacturers with all aspects of advanced UI creation, including design, development, systems integration, deployment and support.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses.

 

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