HCL Technologies moves up on collaborating with GSMA
HCL Technologies is currently trading at Rs. 1498.50, up by 3.35 points or 0.22% from its previous closing of Rs. 1495.15 on the BSE.
The scrip opened at Rs. 1495.45 and has touched a high and low of Rs. 1508.85 and Rs. 1485.75 respectively. So far 300718 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. 1534.65 and Rs. 1452.85 respectively. The current market cap of the company is Rs. 406466.33 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 (HCL Tech) and GSMA, a global organization unifying the mobile ecosystem, are collaborating to advance the GSMA Open Gateway initiative, which works toward enhancing customer experiences, streamlining application development and unlock new revenue streams for the global telecoms industry. As the first and only global technology company to join the initiative and a trusted technology partner in the Open Gateway ecosystem, HCL Tech reinforces its commitment to fostering openness, driving monetization and accelerating innovation across the telecom network.
By enabling ‘Network as a Platform’ models, the GSMA Open Gateway initiative is redefining how Communication Service Providers (CSPs) expose and consume network capabilities through standardized APIs. As one of the fastest-growing global SIs in the telecom industry, HCL Tech will contribute its cutting-edge solutions, deep domain expertise and extensive system integration (SI) experience to scale the initiative globally.
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.
