HCL Technologies gains on planning to open new Singapore-based AI/Cloud Native Lab
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HCL Technologies is currently trading at Rs. 1774.00, up by 16.20 points or 0.92% from its previous closing of Rs. 1757.80 on the BSE.
The scrip opened at Rs. 1761.50 and has touched a high and low of Rs. 1781.60 and Rs. 1759.20 respectively. So far 5175 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1886.60 on 21-Oct-2024 and a 52 week low of Rs. 1235.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 1876.70 and Rs. 1752.05 respectively. The current market cap of the company is Rs. 477008.05 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) is planning to open a new Singapore-based AI/Cloud Native Lab. HCLTech’s Lab in Singapore will be the company’s fifth in its global network, expected to open in 2025.
The Lab, joining others in the US, UK, Germany and India, will be supported by EDB and assist enterprises in the region in accelerating their AI initiatives through HCLTech’s comprehensive suite of integrated AI and GenAI offerings, including AI Force and AI Foundry. The Lab in Singapore will also partner with Nanyang Polytechnic and Singapore Polytechnic to collaborate on transferring knowledge and nurturing young talent and mid-career individuals in AI.
HCL Technologies is a leading global IT services company that helps global enterprises reimagines and transforms their businesses through digital technology transformation.
