HCL Technologies Ltd.

BSE: 532281 | NSE: HCLTECH
Large Cap | IT - Software
1691.35
-24.80 (-1.45%)
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HCL Technologies rises on signing IT Infrastructure transformation contract with De Beers

Date: 22-10-2014

HCL Technologies is currently trading at Rs. 1513.90, up by 8.90 points or 0.59% from its previous closing of Rs. 1505.00 on the BSE.

The scrip opened at Rs. 1528.00 and has touched a high and low of Rs. 1528.00 and Rs. 1502.30 respectively. So far 18659 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1775.40 on 07-Oct-2014 and a 52 week low of Rs. 1034.00 on 25-Oct-2013.

Last one week high and low of the scrip stood at Rs. 1740.00 and Rs. 1476.55 respectively. The current market cap of the company is Rs. 106150.25 crore.

The promoters holding in the company stood at 61.53% while Institutions and Non-Institutions held 32.71% and 5.76% respectively.

HCL Technologies has signed an IT Infrastructure transformation contract with The De Beers Group of Companies, the world’s leading diamond business. Leveraging its Enterprise of Future (EoF) offering, HCL will deliver end-to-end IT infrastructure solutions including data centre operations, multi-lingual service desk, LAN Management, Security Services, Service Management including tools, desk side support and project services to transform De Beers’ IT Infrastructure across the globe.

HCL already manages the IT Infrastructure of Anglo American plc, the majority shareholder of De Beers and the current deal allows a tighter integration across the two companies with common technology platforms and IT Service Management.

The engagement involves supporting De Beers’ global presence in Botswana, Namibia, South Africa, the United Kingdom and elsewhere around the world with HCL taking responsibility for 8 Data Centres across 5 regions. The scope of the work includes some extremely remote locations such as offshore diamond mining vessels along the Namibian coastline and Snap Lake mine in Canada, accessible only via ice roads in winter.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses. HCL leverages its extensive global offshore infrastructure and network of offices in 31countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare & Life sciences.