HCL Technologies Ltd.

HCL technologies is currently trading at Rs 411.00, up by 5.20 points or 1.28% from its previous closing of Rs 405.80 on the BSE.

The scrip opened at Rs. 406.00 and has touched a high and low of Rs 413.00 and Rs 403.85 respectively. So far 84336 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs 528.40 on 21-Apr-2011 and a 52 week low of Rs. 360.10 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs. 413.00 and Rs. 377.90 respectively. The current market cap of the company is Rs. 27991.98 crore.

The promoters holding in the company stood at 64.37% while Institutions and Non-Institutions held 27.48% and 8.15% respectively.

HCL technologies has been conferred with  prestigious Asian Human Capital  Summit 2011 Award by Singapore’s Ministry of Manpower  and Switzerland’s INSEAD  for its innovative  and impactful  people  practices centered  on its  Employee  First, Customer  Second (EFCS) philosophy.

HCL’s EFCS philosophy was recognized  for its practices that put employees at the heart  of the company’s success  based on  the belief that  organizational focus  and structures should be inverted to focus  on the value zone-the place  where frontline  employees interact  with customers  and create  real value for them.

This philosophy promotes an unconventional management style that is premised on reverse accountability to employees, grassroots empowerments and the establishment of a culture based on trust and transparency. Validating the success of the philosophy, HCL became the fastest growing IT services company in the world during the 2008-2009 global financial crisis.