01-01-1970 12:00 AM | Source: Accord Fintech
HCL Technologies gains on signing exclusive preferred professional services agreement with Cloud Software Group
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HCL Technologies is currently trading at Rs. 1163.00, up by 5.05 points or 0.44% from its previous closing of Rs. 1157.95 on the BSE.

The scrip opened at Rs. 1165.95 and has touched a high and low of Rs. 1168.90 and Rs. 1161.55 respectively. So far 2199 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1202.70 on 05-Jul-2023 and a 52 week low of Rs. 882.20 on 26-Sep-2022.

Last one week high and low of the scrip stood at Rs. 1190.00 and Rs. 1139.40 respectively. The current market cap of the company is Rs. 314228.85 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.33% and 4.85% respectively.

HCL Technologies has signed an exclusive preferred professional services agreement with Cloud Software Group, to help implement, upgrade, modernize and provide services for all TIBCO products for enterprise customers across the globe. This partnership will help drive better value for end customers leveraging TIBCO products to further accelerate their data-driven digital transformation. 

Cloud Software Group is the company formed upon completion of the Citrix take-private transaction and related combination with TIBCO. Today, Cloud Software Group provides the modern enterprise with mission-critical software through its key brands, including TIBCO, Citrix, NetScaler, Spotfire, XenServer, ShareFile, and Jaspersoft.

Cloud Software Group's TIBCO customers will have access to enhanced digital transformation capabilities through HCLTech's technology offerings and consulting expertise across digital, cloud, automation, engineering and process optimization. The addition of TIBCO products will further strengthen HCLTech's professional services portfolio that already includes a comprehensive set of software product lines.

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