HCL Technologies gains on receiving approval to increase FII’s investment limit to 49%

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

01 Nov 2013 Evaluate

HCL Technologies is currently trading at Rs. 1116.90, up by 23.60 points or 2.16% from its previous closing of Rs. 1093.25 on the BSE.

The scrip opened at Rs. 1093.50 and has touched a high and low of Rs. 1119.00 and Rs. 1093.50 respectively. So far 9,644 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. 602.40 on 19-Nov-2012.

Last one week high and low of the scrip stood at Rs. 1110.60 and Rs. 1034.00 respectively. The current market cap of the company is Rs. 78,025.00 crore.

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

HCL Technologies has received approval whereby the limit for purchase of the equity shares of the company under the Portfolio Investment Scheme, under Foreign Exchange Management Act 1999 by Foreign Institutional Investors (FII's) through primary market and stock exchanges is increased from 30% to 49% of the paid up equity share capital of the company. The said limit is increased with effect from October 31, 2013 as notified by the Reserve Bank of India (RBI).

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses. On standalone basis, the company has reported 84.47% rise in its net profit at Rs 1290.97 crore for the first quarter ended September 30, 2013 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 Tech. Share Price

1189.95 1.05 (0.09%)

07-May-2026 09:19 View Price Chart

Peers

Company Name	CMP
TCS	2425.60
Infosys	1171.95
HCL Tech.	1189.95
Wipro	199.35
Tech Mahindra	1466.15
View more..

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