HCL Technologies strengthens on reporting 2-fold rise in Q3 standalone net profit

17 Apr 2013

HCL Technologies is currently trading at Rs 776.25, up by 13.55 points or 1.78% from its previous closing of Rs 762.70 on the BSE.

The scrip opened at Rs 804.00 and has touched a high and low of Rs 809.00 and Rs 763.00 respectively. So far 170279 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 809.00 on 03-Apr-2013 and a 52 week low of Rs 453.90 on 26-Jun-2012.

Last one week high and low of the scrip stood at Rs 809.00 and Rs 736.65 respectively. The current market cap of the company is Rs 53092.92 crore.

The promoters holding in the company stood at 61.99% while Institutions and Non-Institutions held 30.88% and 7.13% respectively.

HCL Technologies has reported results for third quarter ended March 31, 2013

On standalone basis, the company has posted over 2-fold rise its net profit at Rs 832.96 crore for the quarter ended March 31, 2013 as compared to Rs 400.15 crore for the same quarter in the previous year. Total income of the company has increased by 36.78% at Rs 3004.06 crore for quarter under review as compared to Rs 2196.27 crore for the quarter ended March 31, 2012.

HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323