HCL Technologies moves up on collaborating with Tecnotree
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HCL Technologies is currently trading at Rs. 1440.70, up by 3.10 points or 0.22% from its previous closing of Rs. 1437.60 on the BSE.
The scrip opened at Rs. 1438.45 and has touched a high and low of Rs. 1447.70 and Rs. 1430.20 respectively. So far 112190 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. 1458.90 and Rs. 1424.00 respectively. The current market cap of the company is Rs. 391066.28 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 collaborated with Tecnotree, a Finnish software company catering to telcos, to co-develop advanced 5G-led generative AI (GenAI) solutions for the global telecom industry. The two entities will help telcos and CSPs (communication service providers) unlock new opportunities, accelerate innovation and drive sustainable growth with personalised next-generation solutions.
The partnership will bring together HCLTech's deep expertise in driving AI-led digital transformation for telcos and CSPs and Tecnotree's proven 5G and AI-led BSS platform capabilities.
HCL Technologies is a leading global IT services company that helps global enterprises reimagines and transforms their businesses through digital technology transformation.
