HCL Technologies trades in fine fettle on BSE

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

22 Mar 2017 Evaluate

HCL Technologies is currently trading at Rs. 867.80, up by 10.60 points or 1.24% from its previous closing of Rs. 857.20 on the BSE.

The scrip opened at Rs. 855.00 and has touched a high and low of Rs. 872.20 and Rs. 849.50 respectively. So far 46129 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 879.15 on 20-Mar-2017 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. 879.15 and Rs. 849.50 respectively. The current market cap of the company is Rs. 123958.94 crore.

The promoters holding in the company stood at 60.34%, while Institutions and Non-Institutions held 32.27 % and 7.38 % respectively.

HCL Technologies has been chosen as the strategic IT services provider to the Volvo Ocean Race. HCL will be responsible for developing and delivering IT solutions for the 2017-18 edition of the race around the world. The IT infrastructure being developed in collaboration with HCL will form the backbone of Volvo Ocean Race’s streaming and TV production for key events such as arrivals, departures and the In-Port Race series.

HCL will support vital services, such as inter-site connectivity at the race’s global stopovers, digital content delivery, mobile data centres and infrastructure with full redundancy, best-in-class Wi-Fi networks, and multimedia facilities for media centres and race offices. HCL will provide end-to-end IT support in setting up the Race Villages in all 12 ports, enabling Volvo Ocean Race to provide a great viewing experience to its fans as they follow the boats during the eight-month ocean marathon and stopovers at host cities around the world.

HCL Technologies is a software solutions company. Its services include application development, management, business process outsourcing, business analytical services, information technology infrastructure management, business assurance and testing, cloud computing, customer relationship management, mechanical engineering, network services, supply chain management, and system integration services.