HCL Technologies trades in green on BSE

11 Jun 2013

HCL Technologies is currently trading at Rs. 763.40, up by 9.60 points or 1.27% from its previous closing of Rs. 753.80 on the BSE.

The scrip opened at Rs. 757.00 and has touched a high and low of Rs. 772.45 and Rs. 757.00 respectively. So far 48,060 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 17-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. 757.40 and Rs. 721.00 respectively. The current market cap of the company is Rs. 53,190.00 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, a leading global IT services provider has been selected by Husqvarna Group, a global leader in products and solutions for garden, park and forest care as well as construction, as a global strategic partner. HCL will provide comprehensive business transformation services to Husqvarna. The engagement covers Europe, Asia Pacific and US operations.

As per the engagement, HCL will impact Husqvarna Group’s key business operations bringing in enhanced efficiencies in their key business process areas. HCL will be using its proprietary MASCoT framework, a managed service model to provide application support and maintenance, application life cycle management, application operation through 24x7 call support and services to support Husqvarna Group’s business. The agreement scope also includes legacy & custom applications and ERP systems covering key business processes at Husqvarna including future business transformation projects and services.

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