09-07-2023 04:09 PM | Source: Accord Fintech
HCL Technologies jumps on signs multiyear Managed Public Cloud Services agreement with Siemens AG
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HCL Technologies is currently trading at Rs. 1253.70, up by 18.00 points or 1.46% from its previous closing of Rs. 1235.70 on the BSE.

The scrip opened at Rs. 1236.05 and has touched a high and low of Rs. 1255.80 and Rs. 1230.40 respectively. So far 47107 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1242.00 on 06-Sep-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. 1242.00 and Rs. 1165.50 respectively. The current market cap of the company is Rs. 339533.78 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 a multiyear Managed Public Cloud Services agreement with German technology and high-tech industry giant Siemens AG to modernize its IT landscape worldwide and power cloud-led digital transformation.

The company will focus on automating the public cloud environment while adhering to Siemens’ high security standards. HCLTech will migrate and operate Siemens’ infrastructure on AWS and Azure and ensure its cloud resources are optimized, secure and scalable, allowing the company to focus on its core business. HCLTech has been selected as one of the preferred global suppliers in horizontal IT infrastructure services.

HCLTech’s CloudSMART aggregates the best cloud offerings and capabilities into a comprehensive, fully integrated consultancy and delivery platform designed to respond to an enterprise’s specific needs and maximize value.

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