11-06-2024 03:33 PM | Source: Accord Fintech
HCL Technologies gains on launching Enterprise AI Foundry

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HCL Technologies is currently trading at Rs. 1435.00, up by 16.50 points or 1.16% from its previous closing of Rs. 1418.50 on the BSE.

The scrip opened at Rs. 1432.60 and has touched a high and low of Rs. 1437.50 and Rs. 1416.65 respectively. So far 24292 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1696.50 on 23-Feb-2024 and a 52 week low of Rs. 1087.75 on 13-Jul-2023.

Last one week high and low of the scrip stood at Rs. 1448.75 and Rs. 1315.20 respectively. The current market cap of the company is Rs. 389614.47 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.62% and 4.56% respectively.

HCL Technologies (HCLTech) has launched Enterprise AI Foundry to simplify and scale enterprise AI journeys. The integrated suite of assets combines data engineering and AI with cognitive infrastructure to accelerate Generative AI (GenAI)-led transformation across business value chains. 

HCLTech Enterprise AI Foundry is tuned for Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP), and is designed to scale for on-prem infrastructure. It removes the complexity of industrial-scale AI foundation models, data silos and overload of tools and frameworks, empowering IT leaders to establish seamless integration across IT and data assets. It effectively enables business leaders to focus on real-world outcomes and helps development teams to build next-gen AI-powered applications with ease. 

Following the launch of HCLTech AI Force, Enterprise AI Foundry aims to accelerate AI-led business processes transformation and strategies. With decades of experience in infrastructure services, data modernization and AI implementation services, HCLTech is helping fast-track customers to move AI experiments to production workloads and maximize their return on investment.

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