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HCL Technologies gains on inking global reseller agreement with SAP

02 Feb 2018 Evaluate

HCL Technologies is currently trading at Rs. 997.60, up by 11.95 points or 1.36% from its previous closing of Rs. 985.65 on the BSE.

The scrip opened at Rs. 986.00 and has touched a high and low of Rs. 1006.45 and Rs. 978.20 respectively. So far 28096 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1041.50 on 24-Jan-2018 and a 52 week low of Rs. 796.50 on 27-Apr-2017.

Last one week high and low of the scrip stood at Rs. 1031.00 and Rs. 972.95 respectively. The current market cap of the company is Rs. 139356.02 crore.

The promoters holding in the company stood at 60.19% while Institutions and Non-Institutions held 36.14% and 3.68% respectively.

HCL Technologies (HCL) has entered into a global reseller agreement with SAP SE. SAP will now resell the HCL next-generation maintenance, repair, and overhaul solution under the brand name SAP Enterprise Asset Management (SAP EAM), add-on for MRO by HCL for SAP S/4HANA.

The agreement comes as asset operators such as aviation, aerospace, defense and related repair shops have been challenged with maximizing asset utilization, reducing cost of regulatory compliance, decreasing costs of collaboration with vendors and part suppliers, and reducing total cost of ownership of running the required system landscape. The add-on for MRO will provide an end-to-end single system solution to help meet the dynamic needs of global enterprises looking for an easier path to streamline maintenance costs and optimize asset utilization.

HCL is a leading global IT services company that helps global enterprises re-imagine and transform their businesses through Digital technology transformation.

HCL Tech. Share Price

1442.50 -8.20 (-0.57%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
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