HCL Technologies trades in green on the BSE

21 Jan 2013

HCL Technologies is currently trading at Rs 705.50, up by 1.10 points or 0.16% from its previous closing of Rs 704.40 on the BSE.

The scrip opened at Rs. 702.30 and has touched a high and low of Rs 710.00 and Rs 696.10 respectively. So far 7802 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. 648.00 respectively. The current market cap of the company is Rs 48827.70 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) division - The Enterprise Application Services (EAS), has signed a transformational engagement with D+M Group (D&M Holdings, Inc.) to provide services in support of the deployment of SAP solutions. With a strong heritage built over 100 years, D+M’s high-quality consumer audio brands include Denon and Marantz.

Under the agreement, apart from reconfiguring D+M Japan’s implementation of financial solutions from SAP and other related applications and helping to align the company’s code structure, HCL will also consolidate the company’s financial data.

This was won based on a Global Delivery model, through which HCL Japan will support D+M entities in Japan, the US, China and Europe. The EAS group of HCL has over 17 years experience with SAP and more than 6,000 consultants across 31 countries.

EAS is a global pioneer in leveraging leading technologies to provide a range of services that are necessary to define, realize and sustain real business change. With a significant number of multi-national companies in Japan re-implementing SAP solutions due to globalization, HCL provides true global delivery capabilities.

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