HCL Tech Shares Rise After Strategic Pact With AWS

Mumbai, November 26 (Udaipur Kiran): Shares of HCL Technologies were trading higher on the BSE after the company announced a strategic collaboration agreement with Amazon Web Services (AWS). The stock was trading at Rs. 1,617.05, up by 16.35 points or 1.02 per cent from its previous close of Rs. 1,600.70.

HCL Tech

The scrip opened at Rs. 1,603.00 and moved between a high of Rs. 1,617.00 and a low of Rs. 1,602.00 during the trading session. A total of 5,259 shares were traded on the counter so far.

The BSE Group ‘A’ stock, with a face value of Rs. 2, touched its 52-week high of Rs. 2,011.00 on January 13, 2025, and a 52-week low of Rs. 1,304.00 on April 7, 2025. Over the past one week, the stock moved between Rs. 1,593.95 and Rs. 1,668.95. The company’s current market capitalisation stands at Rs. 4,36,085.98 crore.

Promoters hold 60.81 per cent stake in the company, while institutional investors and non-institutional investors hold 34.47 per cent and 4.72 per cent respectively.

HCL Technologies has signed a strategic collaboration agreement with Amazon Web Services to accelerate innovation in the financial services industry through autonomous, AI-powered solutions. Under the collaboration, HCLTech will launch a suite of pre-built, industry-compliant solutions to modernise contact centres, enhance digital engagement and streamline core platforms across banking, wealth and insurance.

The company will also provide strategic consulting for institutional clients, with new solutions in wealth and banking set to be powered by AWS. This collaboration builds on the long-standing relationship between HCLTech and AWS to support financial institutions in modernising their core systems and enhancing customer experiences through AI-driven solutions.

HCL Technologies is primarily engaged in providing IT and business services, engineering and R&D services, and modernised software products and IP-led offerings.

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