HCL Technologies jumps on signing five-year agreement with CEMEX
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HCL Technologies is currently trading at Rs. 1219.55, up by 14.30 points or 1.19% from its previous closing of Rs. 1205.25 on the BSE.
The scrip opened at Rs. 1215.10 and has touched a high and low of Rs. 1225.80 and Rs. 1212.05 respectively. So far 74926 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. 872.00 on 22-Dec-2020.
Last one week high and low of the scrip stood at Rs. 1214.85 and Rs. 1142.30 respectively. The current market cap of the company is Rs. 330348.02 crore.
The promoters holding in the company stood at 60.33%, while Institutions and Non-Institutions held 34.79% and 4.88% respectively.
HCL Technologies (HCL) has signed a five-year agreement with CEMEX, a global construction materials company, to deliver the next generation of employee services enabled by digital transformation, increased automation and near real-time analytics as part of the CEMEX ‘Working Smarter Program’. This multi-year managed services agreement comes as HCL has made a strategic commitment to expand its services and customer base across Mexico. HCL recently appointed Pablo Gallegos as its Mexico country head to lead HCL’s strategy in the region.
As part of the CEMEX agreement, HCL will focus on global end-to-end transformation of IT lifecycle management, including IT managed services, digital transformation, infrastructure and application services, and end-user support. HCL will leverage hybrid cloud platforms and focus on unification and convergence of skills across traditional infrastructure, cloud, applications and digital using agile practices in a unique capacity-based flexible model to support higher cloud adoption and end-to-end modernization for CEMEX. HCL will also collaborate with NEORIS, a CEMEX subsidiary, to create superior customer experience and achieve sustainable resiliency in CEMEX’s supply chain.
HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.
