HCL Technologies Ltd.

HCL Technologies is currently trading at Rs. 785.00, up by 4.60 points or 0.59% from its previous closing of Rs. 780.40 on the BSE.

The scrip opened at Rs. 784.85 and has touched a high and low of Rs. 785.00 and Rs. 781.75 respectively. So far 3,112 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 985.50 on 30-Sep-2015 and a 52 week low of Rs. 706.50 on 11-May-2016.

Last one week high and low of the scrip stood at Rs. 823.90 and Rs. 779.45 respectively. The current market cap of the company is Rs. 1,10,885.00 crore.

The promoters holding in the company stood at 60.36%, while Institutions and Non-Institutions held 32.25% and 7.39% respectively.

Competition Commission of Indian (CCI) has cleared HCL Technologies’ equity swap deal to buy the business of Geometric. The deal excludes Geometric’s 58% stake in 3DPLM Software Solutions - a joint venture with Dassault Systems. The fair trade regulator has also approved the merger of remaining undertaking of Geometric with 3DPLM. Dassault is to have 100% stake in the 3DPLM.

In April, HCL Technologies and Geometric signed an agreement for the deal. As part of the transaction, HCL would issue 10 shares to shareholders of Geometric for every 43 shares held by them in the company. In total, HCL would issue 15,640,546 equity shares of Rs 2 each.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses