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HCL Technologies jumps on inking multi-year contract with
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HCL Technologies is currently trading at Rs. 1130.05, up by 11.05 points or 0.99% from its previous closing of Rs. 1119.00 on the BSE.
The scrip opened at Rs. 1115.00 and has touched a high and low of Rs. 1132.80 and Rs. 1115.00 respectively. So far 42168 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. 1137.05 and Rs. 1097.05 respectively. The current market cap of the company is Rs. 306169.26 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 signed a multi-year contract with SR Technics, a leading maintenance, repair and overhaul (MRO) service provider in the civil aviation industry, to digitally transform SR Technics’ operations. Headquartered in Zurich, Switzerland SR Technics is working with an extensive network of partners and business development offices in Europe, Americas, Asia and the Middle East, offering comprehensive, fully customized MRO solutions for aircraft engines, airframe and components including technical support to over 500 customers worldwide.
HCLTech will implement a new greenfield SAP S/4HANA environment hosted on Microsoft Azure using RISE with SAP. Moving to an agile, cloud-based ERP platform will allow SR Technics to transform and simplify its business operations, enabling it to modernize the application stack and optimize IT operating costs.
To augment its SAP S/4HANA deployment and future operations, SR Technics will implement iMRO, HCLTech’s MRO industry add-on for SAP. iMRO is a smart and highly differentiated maintenance software solution, which aims to enhance overall visibility and operational effectiveness. iMRO is currently used by more than 50 customers globally and SR Technics’ deployment is the first on SAP S/4HANA using RISE with SAP.
HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.
