HCL Technologies Ltd.

HCL Technologies is currently trading at Rs 791.15, up by 18.90 points or 2.45% from its previous closing of Rs 772.25 on the BSE.

The scrip opened at Rs. 766.15 and has touched a high and low of Rs. 796.00 and Rs. 766.15 respectively. So far 42970 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. 800.50 and Rs. 765.60 respectively. The current market cap of the company is Rs. 111710.34 crore.

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

HCL Technologies (HCL), a leading global IT services company, has been positioned as a ‘Leader’ in Everest Group PEAK Matrix for Global Banking IT Outsourcing Services. As per the report ‘IT Outsourcing in Global Banking - Service Provider Landscape with PEAK Matrix Assessment 2016’, HCL’s strong digital vision and high focus on innovation are some of the strengths cited by its clients.

The report analysed 28 IT service providers for banking applications outsourcing, characterizing leaders as those that have invested aggressively (in house/alliance/acquisition) in next–generation technologies such as mobility, analytics, cloud, automation, and cognitive computing, partnered with niche technology startups through a well–defined FinTech strategy, and expanded their nearshore presence.

According to the report, HCL has demonstrated credible growth by replacing large incumbents in recent deal wins and has been able to successfully position itself as an innovative IT service provider with focus on risk & regulatory compliance, legacy modernizations, and digital. IP-led approach, growing partner ecosystem, success in large scale vendor consolidations deals, and proactive investments in clients through co-innovation labs and PoCs have helped it build strong credential and position itself as a leader in this year’s Banking AO PEAK Matrix

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