06-03-2024 03:38 PM | Source: Accord Fintech
HCL Technologies surges on launching GenAI platform `AI Force`

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HCL Technologies is currently trading at Rs. 1633.15, up by 13.50 points or 0.83% from its previous closing of Rs. 1619.65 on the BSE.

The scrip opened at Rs. 1609.10 and has touched a high and low of Rs. 1642.60 and Rs. 1603.35 respectively. So far 864039 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. 1016.45 on 17-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1679.95 and Rs. 1603.35 respectively. The current market cap of the company is Rs. 443467.15 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.56% and 4.62% respectively.

HCL Technologies (HCLTech) has launched HCLTech AI Force, an innovative GenAI platform that accelerates time-to-value by transforming the software development and engineering lifecycle, delivering greater productivity, improved quality and faster release timelines. 

The patented GenAI platform is built on Azure OpenAI and can be integrated with Microsoft GitHub Copilot, but is system agnostic. It offers a highly customizable suite of GenAI-based solutions that inject intelligence into every aspect of software development and engineering workflows to improve efficiency and developer experience.

Prioritizing responsible AI adoption, HCLTech AI Force integrates robust security and governance measures, fostering secure innovation and growth at scale. With its full-stack application development and engineering expertise and decades of experience in AI, HCLTech is helping clients unlock the best value out of GenAI, from chip development to cloud and business process optimization.

HCL Technologies is a leading global IT services company that helps global enterprises reimagines and transforms their businesses through digital technology transformation.