HCL Technologies gains on expanding collaboration with Intel Foundry
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HCL Technologies is currently trading at Rs. 1662.95, up by 27.30 points or 1.67% from its previous closing of Rs. 1635.65 on the BSE.
The scrip opened at Rs. 1636.95 and has touched a high and low of Rs. 1667.50 and Rs. 1636.95 respectively. So far 14615 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1696.00 on 15-Feb-2024 and a 52 week low of Rs. 1016.45 on 17-Apr-2023.
Last one week high and low of the scrip stood at Rs. 1682.55 and Rs. 1632.10 respectively. The current market cap of the company is Rs. 451011.14 crore.
The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.56% and 4.62% respectively.
HCL Technologies has expanded its longstanding collaboration with Intel Foundry to co-develop customized silicon solutions for semiconductor manufacturers, system OEMs and cloud services providers to enhance foundry services.
This collaboration combines HCL Technologies' design expertise with Intel Foundry’s advanced technology and manufacturing capabilities to establish a resilient and diversified supply chain, heralding a new era of innovation and excellence. This collaboration aims to meet increasing global demand for semiconductor manufacturing, catering to the diverse silicon needs of clients, by providing them with a robust and inclusive ecosystem for semiconductor sourcing.
HCL Technologies is a leading global IT services company that helps global enterprises reimagines and transforms their businesses through digital technology transformation.
