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HCL Technologies is currently trading at Rs. 1587.40, up by 29.30 points or 1.88% from its previous closing of Rs. 1558.10 on the BSE.

The scrip opened at Rs. 1589.00 and has touched a high and low of Rs. 1600.70 and Rs. 1575.05 respectively. So far 31571 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. 1125.10 on 10-Aug-2023.

Last one week high and low of the scrip stood at Rs. 1614.75 and Rs. 1460.05 respectively. The current market cap of the company is Rs. 432056.19 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.24% and 4.95% respectively.

HCL Technologies’ software business division -- HCLSoftware is planning to acquire Zeenea, an innovator in data catalog and governance solutions based in Paris, France. HCLSoftware will enhance its Data & Analytics business (Actian) through this acquisition. HCLSoftware Actian Data Platform has seen strong growth in Hybrid Data Management and Integration over the last few years. Adding metadata management, data catalog and governance capabilities will enable customers to consume these capabilities of the data platform.

Zeenea provides an intelligent data discovery platform that supports metadata management applications from search and exploration to data catalog, lineage, governance, compliance and enterprise data marketplace. Zeenea is powered by adaptive knowledge graph that enables organizations to democratize data access and generate a 360-degree view of their assets and the relationships between them.

The acquisition is expected to close in September 2024. The cost of acquisition is EUR 24 million.

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