HCL Technologies gains on renewing transformational IT engagement with Singapore Exchange

17 Apr 2017

HCL Technologies is currently trading at Rs. 817.05, up by 5.65 points or 0.70% from its previous closing of Rs. 811.40 on the BSE.

The scrip opened at Rs. 809.00 and has touched a high and low of Rs. 817.80 and Rs. 800.00 respectively. So far 20125 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 889.65 on 31-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. 858.45 and Rs. 805.55 respectively. The current market cap of the company is Rs. 116349.86 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 (HCL) has renewed transformational IT services engagement with Singapore Exchange for another five years. Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards.

Expanding the scope from the earlier year 2010 engagement covering IT infrastructure, data center services and IT management, the new contract includes transformational IT services in a managed services construct - spanning IT infrastructure, end-user computing, data center, cloud services, workplace transformation, managed networks, enterprise security and GRC. HCL will leverage its DRYiCE Autonomics and Orchestration Platform, driving business efficiency, productivity gains and end–user experience.

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.

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