HCL Tech trades higher despite weakness over Dalal Street


HCL Technologies

HCL Technologies is currently trading at Rs. 1328.45, up by 14.90 points or 1.13% from its previous closing of Rs. 1313.55 on the BSE.

The scrip opened at Rs. 1319.55 and has touched a high and low of Rs. 1339.00 and Rs. 1314.55 respectively. So far 135109 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. 1063.00 on 17-May-2023.

HCL Technologies

Last one week high and low of the scrip stood at Rs. 1370.05 and Rs. 1308.00 respectively. The current market cap of the company is Rs. 360184.77 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 entered into a global strategic collaboration agreement with Amazon Web Services (AWS) to accelerate GenAI-led enterprise digital transformation. HCLTech and AWS will help enterprises explore and develop GenAI-led use cases, proofs of concept, tools and solutions. They will develop a structural framework with target-based milestones aligned to business strategy that enables the co-creation of customized GenAI-led solutions and offers clients flexible consumption models.

The companies will work together to implement AWS GenAI services such as Amazon Bedrock, Amazon CodeWhisperer, Amazon SageMaker and Amazon Titan for enterprises across multiple industries, adding momentum to their digital transformation journeys. Leveraging HCLTech’s full technology stack, core engineering capabilities and AI experience, this alliance will allow clients to see the impact of their GenAI investment and gain early access to AWS’ advanced GenAI services.

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

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