HCL Technologies Ltd.

HCL Technologies is currently trading at Rs. 1495.25, up by 14.50 points or 0.98% from its previous closing of Rs. 1480.75 on the BSE.

The scrip opened at Rs. 1489.95 and has touched a high and low of Rs. 1502.00 and Rs. 1486.00 respectively. So far 1663 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1696.50 on 23-Feb-2024 and a 52 week low of Rs. 1087.75 on 13-Jul-2023.

Last one week high and low of the scrip stood at Rs. 1502.00 and Rs. 1441.70 respectively. The current market cap of the company is Rs. 401825.96 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.62% and 4.56% respectively.

HCL Technologies (HCL Tech) has entered into collaboration with IBM to establish a Generative AI Center of Excellence (GenAI CoE) based on the IBM watsonx AI and data platform. The CoE, which will be available through HCLTech’s AI and Cloud Native Labs in Noida, London and New Jersey and Santa Clara in the US, will help enterprises modernize legacy applications, develop IT service management (ITSM) use cases, reduce coding complexity, improve skill development on the IBM watsonx platform and enable continuous innovation.

Together with IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM's innovative AI technologies, specifically watsonx. The adaptive portfolio, CloudSMART for IBM, assists businesses in continuous innovation through advanced technologies, utilizing the latest business and technology insights. The CoE will offer clients access to education and training resources covering diverse AI technologies, including watsonx.ai, watsonx.data, watsonx.governance, watsonx Code Assistants, watsonx Orchestrate and watsonx Assistant to help skill their resources and provide a platform for building use cases.

HCL Technologies is a leading global IT services company that helps global enterprises reimagines and transforms their businesses through digital technology transformation.