HCL Technologies gains on completing acquisition of 100% stake in Starschema
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HCL Technologies is currently trading at Rs. 1174.05, up by 5.00 points or 0.43% from its previous closing of Rs. 1169.05 on the BSE.
The scrip opened at Rs. 1181.50 and has touched a high and low of Rs. 1181.50 and Rs. 1168.80 respectively. So far 12969 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1377.00 on 24-Sep-2021 and a 52 week low of Rs. 891.25 on 03-May-2021.
Last one week high and low of the scrip stood at Rs. 1186.75 and Rs. 1153.00 respectively. The current market cap of the company is Rs. 317241.02 crore.
The promoters holding in the company stood at 60.33%, while Institutions and Non-Institutions held 34.19% and 5.48% respectively.
HCL Technologies has completed acquisition of 100% stake in Starschema, a leading provider of data engineering services, based in Budapest, Hungary. The strategic acquisition will bolster HCL’s capability in digital engineering driven by data engineering and increase its presence in Central and Eastern Europe. Starschema provides consulting, technology and managed services in data engineering to Global 2000 companies in the U.S. and Europe.
The acquisition combines Starschema’s high-value capabilities and data-focused expertise with HCL’s existing presence in industry segments undergoing data-driven transformation. In addition, HCL will strengthen its position in data engineering, which is an integral part of the company’s digital engineering capabilities and next-generation offerings.
HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.
