HCL Technologies gains on reporting 84% rise in Q1 standalone net profit

18 Oct 2013

HCL Technologies is currently trading at Rs. 1103.35, up by 20.20 points or 1.86% from its previous closing of Rs. 1083.15 on the BSE.

The scrip opened at Rs. 1083.15 and has touched a high and low of Rs. 1106.85 and Rs. 1071.00 respectively. So far 1, 01,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1177.00 on 15-Oct-2013 and a 52 week low of Rs. 582.35 on 18-Oct-2012.

Last one week high and low of the scrip stood at Rs. 1177.00 and Rs. 1077.40 respectively. The current market cap of the company is Rs. 77,106 crore.

The promoters holding in the company stood at 61.84% while Institutions and Non-Institutions held 31.71% and 6.45% respectively.

On standalone basis, the company has reported 84.47% rise in its net profit at Rs 1290.97 crore for the quarter as compared to Rs 699.84 crore for the same quarter in the previous year.  Total income of the company has increased by 44.43% at Rs 3958.08 crore for quarter under review as compared to Rs 2740.42 crore for the quarter ended September 30, 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