HCL Technologies strengthens on signing long-term IT services agreement with Nokia

18 Jan 2013

HCL Technologies is currently trading at Rs. 708.35, up by 5.05 points or 0.72% from its previous closing of Rs. 703.30 on the BSE.

The scrip opened at Rs. 703.25 and has touched a high and low of Rs. 716.00 and Rs. 700.00 respectively. So far 76557 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 720.90 on 17-Jan-2013 and a 52 week low of Rs. 410.45 on 20-Jan-2012.

Last one week high and low of the scrip stood at Rs. 720.90 and Rs. 643.50 respectively. The current market cap of the company is Rs. 49421.55 crore.

The promoters holding in the company stood at 62.13% while Institutions and Non-Institutions held 30.20% and 7.67% respectively.

HCL Technologies (HCL), leading global IT services provider, has entered into a long-term, global IT infrastructure management outsourcing services agreement with Nokia, a global leader in mobile communications.

The scope of this engagement includes datacenter, network management, end user computing services and cross-functional service management across Nokia’s global IT infrastructure operations. As part of this engagement, HCL will be deploying its MTaaS and MyCloud solutions. The associated IT infrastructure transformation program will leverage HCL’s ‘Enterprise of the Future’ (EoF) Framework to provide a new infrastructure operating platform for Nokia.

HCL has been delivering global service desk and desktop management outsourcing services for Nokia since 2009.

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SEBI Registered: Investment Adviser - INA000013323

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