HCLTech gains on renewing agreement with Sweden`s commercial vehicle manufacturer
HCL Technologies is currently trading at Rs 1440.60, up by 10.80 points or 0.76% from its previous closing of Rs 1429.80 on the BSE.
The scrip opened at Rs 1425.00 and has touched a high and low of Rs 1444.00 and Rs 1420.10 respectively. So far 22256 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 1503.00 and Rs 1405.15 respectively. The current market cap of the company is Rs 391025.57 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) and one of the world’s leading manufacturers of trucks, buses, construction equipment, marine and industrial engines and comprehensive transport solutions, headquartered in Gothenburg, Sweden, have renewed their long-standing digital transformation agreement with an expanded scope of services.
Under a new multi-year contract, HCLTech will enhance and modernize the Gothenburg-based manufacturer’s IT infrastructure and transform its digital foundation services. By leveraging its proprietary GenAI-led service transformation platform, AI Force, the company will deliver platform-based managed services, hyper automation and full-stack observability. The AI-powered solutions will enable one-click provisioning of IT services and will help optimize operational efficiency and enhance the employee and customer experience. The company’s solutions will accelerate the client’s sustainability goals by advancing responsible and efficient IT practices.
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.
