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Deutsche Securities sells 1,28,200 shares of HCL Technologies

20 Oct 2012 Evaluate

Deutsche Securities Mauritius has sold 1,28,000 shares of HCL Technologies to Coronation Global Emerging Markets Fund in an open market transaction. The foreign fund house has sold the shares at an average price of Rs 593.25 valuing the deal at around Rs 7.60 crore.

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 focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO.

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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