Mumbai, September 24 (Udaipur Kiran News): Shares of HCL Technologies (HCLTech) edged higher on Wednesday after the IT services firm renewed and expanded its long-standing digital transformation agreement with a leading Sweden-based commercial vehicle manufacturer headquartered in Gothenburg. The stock was trading at Rs 1,440.60, up 0.76% from its previous close of Rs 1,429.80 on the BSE.
The counter opened at Rs 1,425.00 and touched an intraday high of Rs 1,444.00 and a low of Rs 1,420.10. A total of 22,256 shares were traded during the session. The company’s market capitalisation currently stands at Rs 3,91,025.57 crore.
Over the past year, the scrip has touched a 52-week high of Rs 2,011.00 (January 13, 2025) and a 52-week low of Rs 1,304.00 (April 7, 2025). On a weekly basis, it has traded between Rs 1,503.00 and Rs 1,405.15.
Promoters hold 60.81% stake in the company, while institutional investors own 34.76% and non-institutional investors account for 4.42%.
Under the new multi-year contract, HCLTech will modernize and enhance the Swedish manufacturer’s IT infrastructure and digital foundation services. The company will deploy its proprietary GenAI-led service transformation platform, AI Force, to deliver platform-based managed services, hyper-automation, and full-stack observability.
These AI-powered solutions are expected to enable one-click IT service provisioning, improve operational efficiency, enhance user and customer experience, and support the client’s sustainability goals through responsible and efficient IT practices.
HCLTech offers a wide range of IT and business services, engineering and R&D solutions, modernized 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.
