HCL Tech surges on partnering with UPES Dehradun to develop advanced solutions for oil & gas industry

HCL Technologies Ltd. | IT - Software | IT & ITES | BSE: 532281 | NSE: HCLTECH

14 Dec 2023 Evaluate

HCL Technologies is currently trading at Rs. 1409.60, up by 40.75 points or 2.98% from its previous closing of Rs. 1368.85 on the BSE.

The scrip opened at Rs. 1381.50 and has touched a high and low of Rs. 1419.00 and Rs. 1381.50 respectively. So far 78721 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1419.00 on 14-Dec-2023 and a 52 week low of Rs. 1011.60 on 20-Dec-2022.

Last one week high and low of the scrip stood at Rs. 1419.00 and Rs. 1328.50 respectively. The current market cap of the company is Rs. 382124.75 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.44% and 4.75% respectively.

HCL Technologies (HCLTech) has inked a pact with UPES Dehradun, Uttarakhand, to collaborate on developing advanced solutions for the oil and gas industry, with a focus on sustainability. The collaboration will add rigor to HCL Tech's expertise in developing digital solutions and leveraging artificial intelligence in the exploration and production of hydrocarbons, offering significant value to oil and gas companies.

This strategic initiative will introduce solutions that promote sustainability, innovation, value optimisation and prioritisation of low-carbon solutions in the oil and gas industry. The alliance will focus on the development of advanced solutions for the oil and gas industry using technologies such as AI/ML (Artificial Intelligence and Machine Learning), GenAI, IoT (Internet of Things), Industry 4.0, data engineering and cloud computing.

HCL Technologies is a leading global IT services company that helps global enterprises reimagines and transforms their businesses through digital technology transformation.

HCL Tech. Share Price

1110.20 0.20 (0.02%)

12-Jun-2026 14:03 View Price Chart

Peers

Company Name	CMP
TCS	2155.60
Infosys	1119.25
HCL Tech.	1110.20
Wipro	179.15
Tech Mahindra	1433.50
View more..

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