HCL Technologies gains on partnering with DIB
HCL Technologies is currently trading at Rs. 1528.70, up by 40.85 points or 2.75% from its previous closing of Rs. 1487.85 on the BSE.
The scrip opened at Rs. 1500.80 and has touched a high and low of Rs. 1533.70 and Rs. 1500.80 respectively. So far 102056 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2011.00 on 13-Jan-2025 and a 52 week low of Rs. 1304.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1518.40 and Rs. 1479.50 respectively. The current market cap of the company is Rs. 413996.75 crore.
The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.47% and 4.72% respectively.
HCL Technologies (HCLTech) has entered into strategic partnership with DIB, the world’s first Islamic bank and the largest in the UAE. The partnership is to accelerate the adoption of Artificial Intelligence (AI) across its ecosystem. Announced at GITEX GLOBAL 2025, the partnership reinforces DIB’s commitment to shaping the future of Islamic finance through responsible innovation.
Through this collaboration, DIB will leverage HCLTech’s Advanced AI capabilities, including AI Advisory, and global alliances with hyperscalers and technology partners to deploy AI responsibly, effectively and at scale. By embedding intelligence across its operations, the bank aims to deliver personalized customer experiences, enhance decision-making, streamline processes and strengthen risk and compliance frameworks.
The partnership underscores DIB’s unwavering commitment to innovation guided by integrity, ensuring that AI adoption within Islamic finance remains responsible, transparent and in full alignment with Shariah principles.
HCL Technologies is primarily engaged in providing a range of IT and business services, engineering and R&D services and modernized software products and IP-led offerings.
