Mumbai, December 5 (Udaipur Kiran): Shares of HCL Technologies Ltd moved higher on Friday after the company entered into a strategic partnership with Strategy. The stock was trading at Rs 1,665.10 on the BSE, up by 10.10 points or 0.61 per cent from its previous close of Rs 1,655.00.
The scrip opened at Rs 1,667.45 and touched an intraday high of Rs 1,668.40 and a low of Rs 1,651.55. A total of 8,338 shares were traded on the counter during the session.
The BSE Group ‘A’ stock, with a face value of Rs 2, had touched a 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 last one week, the stock moved between a high of Rs 1,671.95 and a low of Rs 1,624.05. The company’s current market capitalisation stands at Rs 4,50,766.91 crore.
Promoter holding in the company stands at 60.81 per cent, while institutional and non-institutional investors hold 34.47 per cent and 4.72 per cent, respectively.
HCL Technologies (HCLTech) and Strategy have entered into a strategic partnership to accelerate the global adoption and deployment of Strategy Mosaic, Strategy’s AI-powered Universal Semantic Layer, for global enterprise clients. As part of the collaboration, Strategy has named HCLTech a preferred enterprise solution and professional services partner.
HCLTech will leverage its consulting services and AI-intrinsic technology expertise along with Strategy’s engineering team to offer global clients a comprehensive suite of solutions to integrate Strategy Mosaic into complex, multicloud environments at scale. The collaboration will bring together the professional services teams of HCLTech and Strategy’s engineering team to address demanding data environments through seamless and scalable delivery of Strategy Mosaic.
HCL Technologies is primarily engaged in providing IT and business services, engineering and R&D services, and modernised software products and IP-led offerings.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
