HCL Technologies climbs on partnering with The ODP Corporation
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HCL Technologies is currently trading at Rs. 1056.65, up by 23.85 points or 2.31% from its previous closing of Rs. 1032.80 on the BSE.
The scrip opened at Rs. 1042.15 and has touched a high and low of Rs. 1062.00 and Rs. 1040.05 respectively. So far 14616 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1359.00 on 13-Jan-2022 and a 52 week low of Rs. 875.65 on 29-Aug-2022.
Last one week high and low of the scrip stood at Rs. 1062.00 and Rs. 1025.00 respectively. The current market cap of the company is Rs. 280267.33 crore.
The promoters holding in the company stood at 60.72%, while Institutions and Non-Institutions held 33.71% and 5.57% respectively.
HCL Technologies (HCLTech) has been selected by The ODP Corporation (ODP) as primary IT partner. The company will be the IT partner for ODP for end-to-end IT operations and enterprise-wide digital transformation to support ODP’s business strategy in its Office Depot, ODP Business Solutions and Veyer business units.
As part of this agreement, HCLTech will leverage its automation and artificial intelligence (AI) capabilities to enable efficient IT operations with personalized and intuitive IT services. ODP will also benefit from HCLTech’s vast experience in application modernization and operating model transformation to further evolve as an agile, product-centric IT organization.
HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.
