HCL Technologies rises as its division collaborates with Google Cloud
HCL Technologies is currently trading at Rs. 1183.65, up by 4.20 points or 0.36 % from its previous closing of Rs. 1179.45 on the BSE.
The scrip opened at Rs. 1192.80 and has touched a high and low of Rs. 1192.85 and Rs. 1178.65 respectively. So far 17078 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. 875.65 on 29-Aug-2022.
Last one week high and low of the scrip stood at Rs. 1192.85 and Rs. 1159.00 respectively. The current market cap of the company is Rs. 320578.83 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’ (HCLTech’s) software business division -- HCLSoftware has entered into strategic collaboration with Google Cloud. The collaboration will enable HCLSoftware to integrate Google Cloud’s generative AI solutions into its software products, giving customers access to Google Cloud’s leading AI capabilities and advanced large language models. By combining HCLSoftware's expertise in software development and AI with Google Cloud’s cutting-edge AI technologies, the two companies aim to create a new generation of intelligent business applications that can transform industries, enhance business processes, and improve how organizations operate.
HCLSoftware will enable native support for Google Cloud Vertex AI, Model Garden and Generative AI App Builder. With access to the Google Cloud’s large language models and generative AI capabilities, businesses can more easily build and scale generative AI applications within their organization.
HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.