HCL Technologies inches up on joining MIT Media Lab in US to collaborate on next-gen AI research
HCL Technologies is currently trading at Rs. 1420.60, up by 3.95 points or 0.28% from its previous closing of Rs. 1416.65 on the BSE.
The scrip opened at Rs. 1420.45 and has touched a high and low of Rs. 1426.55 and Rs. 1417.70 respectively. So far 4037 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. 1426.55 and Rs. 1380.10 respectively. The current market cap of the company is Rs. 386629.43 crore.
The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.76% and 4.42% respectively.
HCL Technologies (HCLTech) has joined the MIT Media Lab, a world-renowned research and innovation ecosystem at the Massachusetts Institute of Technology (MIT) that brings together pioneering research and forward-thinking enterprises. This new engagement reflects HCLTech’s ongoing commitment to shaping the future of AI and accelerating breakthroughs in emerging technology areas, such as quantum computing, through collaborative innovation.
HCLTech will have access to MIT Media Lab’s research and networks, enabling it to deepen engagement with faculty, researchers and innovators in next-generation technologies, particularly AI. This will also enable HCLTech to co-develop projects that could translate meaningful AI innovation into impactful and scalable solutions.
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.
