Mumbai (Udaipur Kiran). HCL Technologies rallied sharply on Tuesday after the company announced the opening of its new office in Calgary, Alberta, strengthening its footprint across Canada.
The stock was trading at ₹1,653.80 on the BSE, up 3.70 per cent from its previous close of ₹1,594.75. The scrip opened at ₹1,594.00 and moved between a high of ₹1,656.55 and a low of ₹1,591.00. Around 93,571 shares were traded during the session. The company’s 52-week range stands between ₹2,011.00 (13 January 2025) and ₹1,304.00 (7 April 2025). HCL Technologies’ market capitalisation is ₹4,47,510.51 crore. Promoters hold 60.81 per cent, while institutional and non-institutional investors hold 34.47 per cent and 4.72 per cent respectively.
The company opened the Calgary office following the signing of an MoU with Invest Alberta aimed at boosting technology collaboration and innovation in the province. The new workspace, located at The Ampersand — one of downtown Calgary’s premier office complexes — is designed as a collaboration-first facility. It will function as a client co-innovation and delivery center, enabling the company to work closely with clients and ecosystem partners to drive advanced technology solutions.
HCL Technologies already operates delivery and innovation centers in Mississauga, Moncton and Vancouver, serving more than 50 major Canadian enterprises. The company said its Calgary expansion aligns with its long-term vision of creating local jobs, supporting Alberta’s economy and strengthening Canada’s tech ecosystem. It also plans deeper collaboration with local enterprises, universities and government bodies through its partnership with Invest Alberta.
HCL Technologies provides IT and business services, engineering and R&D solutions, modernised software products and IP-led offerings across industries.
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.