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HCL Technologies advances on inking five year long multi-million dollar pact with Manitowoc Cranes

30 Nov 2012 Evaluate

HCL Technologies is currently trading at Rs 645.00, up by 3.95 points or 0.62% from its previous closing of Rs 641.05 on the BSE.

The scrip opened at Rs 640.00 and has touched a high and low of Rs 656.00 and Rs 632.00 respectively. So far 92415 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 657.00 on 30-Nov-2012 and a 52 week low of Rs 380.00 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs 657.00 and Rs 632.20 respectively. The current market cap of the company is Rs 44380.72 crore.

The promoters holding in the company stood at 62.18% while Institutions and Non-Institutions held 29.64% and 8.18% respectively.

HCL Technologies (HCL), a leading global IT services provider has been selected by the Manitowoc company, a leading multi-industry, capital goods manufacturer, as its global engineering partner for the crane operations spanning the Americas, EMEA, and Asia/Pacific regions.  Manitowoc and HCL have also set up a global engineering center in Pune, India to support Manitowoc’s design centers and accelerate its new product development initiatives in emerging regions such as India, China, and Brazil.

Through this design center, HCL offers a complete spectrum of engineering services to Manitowoc Cranes to produce blueprints for new and innovative crane models. HCL also anticipates, simulates, and provides novel solutions in design implementation in a cost effective and timely manner.

The design center also extends engineering design services support to Manitowoc’s key engineering hubs and innovation centers in Pennsylvania, Wisconsin, Germany, France, and Italy. The service offerings are primarily focused around product design, value engineering, structural engineering, embedded software development, and hardware engineering.

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 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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